0001679788-23-000076.txt : 20230523
0001679788-23-000076.hdr.sgml : 20230523
20230523161827
ACCESSION NUMBER: 0001679788-23-000076
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230520
FILED AS OF DATE: 20230523
DATE AS OF CHANGE: 20230523
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Brock Lawrence J
CENTRAL INDEX KEY: 0001963975
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40289
FILM NUMBER: 23949106
MAIL ADDRESS:
STREET 1: C/O COINBASE GLOBAL, INC.
STREET 2: 248 3RD ST #434
CITY: OAKLAND
STATE: CA
ZIP: 94607
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 CORPORATION SERVICE COMPANY
STREET 2: 251 LITTLE FALLS DRIVE
CITY: WILMINGTON
STATE: DE
ZIP: 19808
BUSINESS PHONE: 3026365401
MAIL ADDRESS:
STREET 1: C/O CORPORATION SERVICE COMPANY
STREET 2: 251 LITTLE FALLS DRIVE
CITY: WILMINGTON
STATE: DE
ZIP: 19808
4
1
wf-form4_168487309466533.xml
FORM 4
X0407
4
2023-05-20
0
0001679788
Coinbase Global, Inc.
COIN
0001963975
Brock Lawrence J
C/O COINBASE GLOBAL, INC.
NOT APPLICABLE
DE
0
1
0
0
Chief People Officer
0
Class A Common Stock
2023-05-20
4
M
0
24177
0
A
37065
D
Class A Common Stock
2023-05-20
4
M
0
1286
0
A
38351
D
Class A Common Stock
2023-05-20
4
M
0
3350
0
A
41701
D
Class A Common Stock
2023-05-20
4
F
0
12737
56.78
D
28964
D
Restricted Stock Units
0.0
2023-05-20
4
M
0
24177
0
D
Class A Common Stock
24177.0
145058
D
Restricted Stock Units
0.0
2023-05-20
4
M
0
1286
0
D
Class A Common Stock
1286.0
7714
D
Restricted Stock Units
0.0
2023-05-20
4
M
0
3350
0
D
Class A Common Stock
3350.0
33498
D
Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
Includes 80 shares acquired on May 14, 2023, pursuant to the Issuer's 2021 Employee Stock Purchase Plan.
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.
Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
The RSUs vest in equal quarterly installments over two years, with the first 1/8 vesting on February 20, 2023, until the award is fully vested on November 20, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date.
RSUs do not expire; they either vest or are canceled prior to vesting date.
The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2022, until the award is fully vested on November 20, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date.
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.
/s/ Lawrence J. Brock, by Steven Madrid, Attorney-in-Fact
2023-05-23