0001679788-22-000050.txt : 20220517
0001679788-22-000050.hdr.sgml : 20220517
20220517200800
ACCESSION NUMBER: 0001679788-22-000050
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220513
FILED AS OF DATE: 20220517
DATE AS OF CHANGE: 20220517
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ehrsam Frederick Ernest III
CENTRAL INDEX KEY: 0001851442
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40289
FILM NUMBER: 22936662
MAIL ADDRESS:
STREET 1: C/O COINBASE GLOBAL, INC.
STREET 2: 100 PINE STREET, SUITE 1250
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Coinbase Global, Inc.
CENTRAL INDEX KEY: 0001679788
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
IRS NUMBER: 464707224
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: C/O THE CORPORATION TRUST COMPANY
STREET 2: 1209 ORANGE STREET
CITY: WILMINGTON
STATE: DE
ZIP: 19801
BUSINESS PHONE: 3027770200
MAIL ADDRESS:
STREET 1: C/O THE CORPORATION TRUST COMPANY
STREET 2: 1209 ORANGE STREET
CITY: WILMINGTON
STATE: DE
ZIP: 19801
4
1
wf-form4_165283244664351.xml
FORM 4
X0306
4
2022-05-13
0
0001679788
Coinbase Global, Inc.
COIN
0001851442
Ehrsam Frederick Ernest III
C/O COINBASE GLOBAL, INC.
NOT APPLICABLE
DE
1
0
0
0
Class A Common Stock
2022-05-13
4
P
0
309605
69.5349
A
309605
I
Paradigm One LP
Class A Common Stock
2022-05-13
4
P
0
135663
69.9718
A
445268
I
Paradigm One LP
Class A Common Stock
2022-05-13
4
P
0
69025
72.0406
A
514293
I
Paradigm One LP
Class A Common Stock
2022-05-13
4
P
0
192261
72.8522
A
706554
I
Paradigm One LP
Class A Common Stock
1133465
I
By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock
2583752
I
By Paradigm Fund, LP
Class B Common Stock
2022-05-10
5
G
0
E
370000
0
D
Class A Common Stock
370000.0
2719574
I
By The Armstrong 2014 Irrevocable Trust
Class B Common Stock
Class A Common Stock
5872707.0
5872707
I
By The Frederick Ernest Ehrsam III Living Trust
Class B Common Stock
Class A Common Stock
2927343.0
2927343
I
By The Frederick Ernest Ehrsam III 2020 Grantor Retained Annuity Trust
Class B Common Stock
Class A Common Stock
2145532.0
2145532
I
By Brian Armstrong 2018 Irrevocable Trust
Class B Common Stock
Class A Common Stock
601637.0
601637
I
By Brian Armstrong Legacy Trust
Represents the weighted average purchase price. The lowest price at which shares were purchased was $68.91 and the highest price at which shares were purchased was $69.905. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares purchased at each separate price within the ranges set forth in footnotes (1) and (3) through (5) to this Form 4.
These shares are held by Paradigm One LP. Paradigm One GP LLC, the general partner of Paradigm One LP, has sole voting and investment power with regard to the shares held by Paradigm One LP. The Frederick Ernest Ehrsam III Living Trust and Matt Huang are the managing members of Paradigm One GP LLC. The Reporting Person is the trustee of The Frederick Ernest Ehrsam III Living Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
Represents the weighted average purchase price. The lowest price at which shares were purchased was $69.91 and the highest price at which shares were purchased was $70.00.
Represents the weighted average purchase price. The lowest price at which shares were purchased was $71.66 and the highest price at which shares were purchased was $72.655.
Represents the weighted average purchase price. The lowest price at which shares were purchased was $72.66 and the highest price at which shares were purchased was $73.25.
The Reporting Person is the trustee of The Frederick Ernest Ehrsam III Living Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
These shares are held by Paradigm Fund LP. Paradigm Fund GP LLC, the general partner of Paradigm Fund LP, has sole voting and investment power with regard to the shares held by Paradigm Fund LP. The Frederick Ernest Ehrsam III Living Trust and Matt Huang are the managing members of Paradigm Fund GP LLC. The Reporting Person is the trustee of The Frederick Ernest Ehrsam III Living Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
Reflects the transfer on May 10, 2022, of (i) 150,000 shares of Class B Common Stock from the Armstrong 2014 Irrevocable Trust to the Mount Moran 2022 Irrevocable Trust and (ii) 220,000 shares of Class B Common Stock from the Armstrong 2014 Irrevocable Trust to the Rendezvous Peak 2022 Irrevocable Trust. The transfers reflected on this Form were effectuated in connection with long-term estate planning matters. Following these transfers, the Reporting Person has no investment control and has not had, and will continue not to have, any pecuniary interest with respect to such shares.
These shares are held by The Brian Armstrong 2014 Irrevocable Trust, of which the Reporting Person is trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
The Reporting Person is the trustee of The Frederick Ernest Ehrsam III 2020 Grantor Retained Annuity Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
These shares are held by the Brian Armstrong 2018 Irrevocable Trust, of which the Reporting Person is trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
These shares are held by the Brian Armstrong Legacy Trust, of which the Reporting Person is the independent trustee and investment advisor. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
The Reporting Person has disgorged to the Issuer all statutory "profits" pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, that resulted from the transactions reported herein. Such profits are not material to the financial statements of the Issuer.
/s/ Frederick Ernest Ehrsam III, by Doug Sharp, Attorney-in-Fact
2022-05-17