Lawrence J. Brock - 20 Feb 2025 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role: Chief People Officer
Signature: /s/ Lawrence J. Brock, by Lailey Rezai, Attorney-in-Fact
Issuer symbol: COIN
Transactions as of: 20 Feb 2025
Net transactions value: -$745,487
Form type: 4
Filing time: 24 Feb 2025, 16:19:46 UTC
Previous filing: 19 Feb 2025
Next filing: 05 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COIN	Class A Common Stock	Options Exercise	$0	+3,350	+823%	$0.000000	3,757	20 Feb 2025	Direct	F1
transaction	COIN	Class A Common Stock	Options Exercise	$0	+4,401	+117%	$0.000000	8,158	20 Feb 2025	Direct	F1
transaction	COIN	Class A Common Stock	Tax liability	$745,487	-2,882	-35%	$258.67	5,276	20 Feb 2025	Direct	F2
holding	COIN	Class A Common Stock						20,727	20 Feb 2025	4JMB LLC	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	COIN	Restricted Stock Units	Options Exercise	$0	-3,350	-25%	$0.000000	10,049	20 Feb 2025	Class A Common Stock	3,350	$0.000000	Direct	F1, F4, F5, F6
transaction	COIN	Restricted Stock Units	Options Exercise	$0	-4,401	-12%	$0.000000	30,812	20 Feb 2025	Class A Common Stock	4,401	$0.000000	Direct	F1, F4, F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
F2	Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.
F3	These shares are held of record by 4JMB LLC, of which the Reporting Person is the sole member. The Reporting Person disclaims beneficial ownership of the shares owned by 4JMB LLC, except to the extent of his pecuniary interest therein, if any.
F4	Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F5	The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2023, until the award is fully vested on November 20, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F6	RSUs do not expire; they either vest or are canceled prior to vesting date.
F7	The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2024, until the award is fully vested on November 20, 2026, subject to the Reporting Person's continued service to the Issuer on each vesting date.