0001679788-22-000120.txt : 20221115 0001679788-22-000120.hdr.sgml : 20221115 20221115171243 ACCESSION NUMBER: 0001679788-22-000120 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221111 FILED AS OF DATE: 20221115 DATE AS OF CHANGE: 20221115 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Armstrong Brian CENTRAL INDEX KEY: 0001851492 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40289 FILM NUMBER: 221392030 MAIL ADDRESS: STREET 1: C/O COINBASE GLOBAL, INC. STREET 2: 100 PINE STREET, SUITE 1250 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Brian Armstrong Living Trust CENTRAL INDEX KEY: 0001856705 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40289 FILM NUMBER: 221392029 BUSINESS ADDRESS: STREET 1: C/O COINBASE GLOBAL, INC. STREET 2: 100 PINE STREET, SUITE 1250 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 888-908-7930 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_166855034067296.xml FORM 4 X0306 4 2022-11-11 0 0001679788 Coinbase Global, Inc. COIN 0001851492 Armstrong Brian C/O COINBASE GLOBAL, INC. NOT APPLICABLE DE 1 1 1 0 Chairman and CEO 0001856705 Brian Armstrong Living Trust C/O COINBASE GLOBAL, INC. NOT APPLICABLE DE 0 0 1 0 Class A Common Stock 2022-11-11 4 C 0 17 0 A 29732 I By The Brian Armstrong Living Trust Class A Common Stock 2022-11-11 4 S 0 300 46.7067 D 29432 I By The Brian Armstrong Living Trust Class A Common Stock 2022-11-11 4 S 0 700 48.3995 D 28732 I By The Brian Armstrong Living Trust Class A Common Stock 2022-11-11 4 S 0 500 49.335 D 28232 I By The Brian Armstrong Living Trust Class A Common Stock 2022-11-11 4 S 0 1083 50.5726 D 27149 I By The Brian Armstrong Living Trust Class A Common Stock 2022-11-11 4 S 0 1600 51.2306 D 25549 I By The Brian Armstrong Living Trust Class A Common Stock 2022-11-11 4 S 0 2090 52.6499 D 23459 I By The Brian Armstrong Living Trust Class A Common Stock 2022-11-11 4 S 0 4310 53.6512 D 19149 I By The Brian Armstrong Living Trust Class A Common Stock 2022-11-11 4 S 0 3700 54.6573 D 15449 I By The Brian Armstrong Living Trust Class A Common Stock 2022-11-11 4 S 0 5204 55.6334 D 10245 I By The Brian Armstrong Living Trust Class A Common Stock 2022-11-11 4 S 0 6990 56.4795 D 3255 I By The Brian Armstrong Living Trust Class A Common Stock 2022-11-11 4 S 0 2755 57.6802 D 500 I By The Brian Armstrong Living Trust Class A Common Stock 2022-11-11 4 S 0 500 58.159 D 0 I By The Brian Armstrong Living Trust Class B Common Stock 2022-11-11 4 G 0 1386462 0 D Class A Common Stock 1386462.0 6159583 I By The Brian Armstrong 2020 Grantor Retained Annuity Trust Class B Common Stock 2022-11-11 4 G 0 1386462 0 A Class A Common Stock 1386462.0 26546228 I By The Brian Armstrong Living Trust Class B Common Stock 2022-11-11 4 C 0 17 0 D Class A Common Stock 17.0 26546211 I By The Brian Armstrong Living Trust Class B Common Stock Class A Common Stock 950490.0 950490 I By The Ehrsam 2014 Irrevocable Trust Represents the conversion of Class B Common Stock held of record by The Brian Armstrong Living Trust into Class A Common Stock. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 26, 2022, during an open trading window. 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. Represents the weighted average sale price. The lowest price at which shares were sold was $46.65 and the highest price at which shares were sold was $46.82. 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 sold at each separate price within the ranges set forth in footnotes (4) to (15) to this Form 4. Represents the weighted average sale price. The lowest price at which shares were sold was $47.93 and the highest price at which shares were sold was $48.77. Represents the weighted average sale price. The lowest price at which shares were sold was $48.95 and the highest price at which shares were sold was $49.61. Represents the weighted average sale price. The lowest price at which shares were sold was $49.99 and the highest price at which shares were sold was $50.98. Represents the weighted average sale price. The lowest price at which shares were sold was $51.00 and the highest price at which shares were sold was $51.71. Represents the weighted average sale price. The lowest price at which shares were sold was $52.00 and the highest price at which shares were sold was $52.985. Represents the weighted average sale price. The lowest price at which shares were sold was $53.015 and the highest price at which shares were sold was $53.98. Represents the weighted average sale price. The lowest price at which shares were sold was $54.11 and the highest price at which shares were sold was $55.055. Represents the weighted average sale price. The lowest price at which shares were sold was $55.11 and the highest price at which shares were sold was $56.10. Represents the weighted average sale price. The lowest price at which shares were sold was $56.135 and the highest price at which shares were sold was $57.13. Represents the weighted average sale price. The lowest price at which shares were sold was $57.14 and the highest price at which shares were sold was $58.01. Represents the weighted average sale price. The lowest price at which shares were sold was $58.155 and the highest price at which shares were sold was $58.175. Reflects the transfer on November 11, 2022 of 1,386,462 shares of Class B Common Stock from The Brian Armstrong 2020 Grantor Retained Annuity Trust ("GRAT") to The Brian Armstrong Living Trust in satisfaction of a GRAT annuity payment owed to the Reporting Person. The GRAT annuity payment reflected on this Form was entered into in connection with the Reporting Person's long-term estate planning. These shares are held by The Ehrsam 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. /s/ Brian Armstrong, by Doug Sharp, Attorney-in-Fact 2022-11-15 /s/ The Brian Armstrong Living Trust, by Doug Sharp, Attorney-in-Fact 2022-11-15