0001679788-24-000102.txt : 20240522 0001679788-24-000102.hdr.sgml : 20240522 20240522161421 ACCESSION NUMBER: 0001679788-24-000102 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240520 FILED AS OF DATE: 20240522 DATE AS OF CHANGE: 20240522 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Brock Lawrence J CENTRAL INDEX KEY: 0001963975 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40289 FILM NUMBER: 24973420 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] ORGANIZATION NAME: 09 Crypto Assets 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 wk-form4_1716408849.xml FORM 4 X0508 4 2024-05-20 0 0001679788 Coinbase Global, Inc. COIN 0001963975 Brock Lawrence J C/O COINBASE GLOBAL, INC. NOT APPLICABLE DE 00000 0 1 0 0 Chief People Officer 0 Class A Common Stock 2024-05-20 4 M 0 24176 0 A 37803 D Class A Common Stock 2024-05-20 4 M 0 1286 0 A 39089 D Class A Common Stock 2024-05-20 4 M 0 3350 0 A 42439 D Class A Common Stock 2024-05-20 4 M 0 4401 0 A 46840 D Class A Common Stock 2024-05-20 4 S 0 300 204.6433 D 46540 D Class A Common Stock 2024-05-20 4 S 0 500 206.041 D 46040 D Class A Common Stock 2024-05-20 4 S 0 2580 207.3106 D 43460 D Class A Common Stock 2024-05-20 4 S 0 1552 208.2666 D 41908 D Class A Common Stock 2024-05-20 4 S 0 700 209.1984 D 41208 D Class A Common Stock 2024-05-20 4 S 0 300 210.2767 D 40908 D Class A Common Stock 2024-05-20 4 S 0 300 211.37 D 40608 D Class A Common Stock 2024-05-20 4 S 0 300 212.9967 D 40308 D Class A Common Stock 2024-05-20 4 S 0 1900 214.1905 D 38408 D Class A Common Stock 2024-05-20 4 S 0 1700 215.1948 D 36708 D Class A Common Stock 2024-05-20 4 S 0 1300 216.0769 D 35408 D Class A Common Stock 2024-05-20 4 S 0 200 217.06 D 35208 D Class A Common Stock 2024-05-20 4 S 0 900 218.4711 D 34308 D Class A Common Stock 2024-05-20 4 S 0 518 219.2478 D 33790 D Class A Common Stock 2024-05-20 4 S 0 1175 221.432 D 32615 D Class A Common Stock 2024-05-20 4 S 0 19 224.40 D 32596 D Restricted Stock Units 0 2024-05-20 4 M 0 24176 0 D Class A Common Stock 24176 48353 D Restricted Stock Units 0 2024-05-20 4 M 0 1286 0 D Class A Common Stock 1286 2571 D Restricted Stock Units 0 2024-05-20 4 M 0 3350 0 D Class A Common Stock 3350 20099 D Restricted Stock Units 0 2024-05-20 4 M 0 4401 0 D Class A Common Stock 4401 44017 D Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person. Includes 71 shares acquired on May 14, 2024, pursuant to the Issuer's 2021 Employee Stock Purchase Plan. All of the shares reported as disposed of in this Form 4 were sold to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. Represents the weighted average sale price. The lowest price at which shares were sold was $204.18 and the highest price at which shares were sold was $204.95. 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 range set forth in footnotes (4) through (17) to this Form 4. Represents the weighted average sale price. The lowest price at which shares were sold was $205.50 and the highest price at which shares were sold was $206.32. Represents the weighted average sale price. The lowest price at which shares were sold was $206.77 and the highest price at which shares were sold was $207.74. Represents the weighted average sale price. The lowest price at which shares were sold was $207.85 and the highest price at which shares were sold was $208.63. Represents the weighted average sale price. The lowest price at which shares were sold was $208.87 and the highest price at which shares were sold was $209.76. Represents the weighted average sale price. The lowest price at which shares were sold was $210.15 and the highest price at which shares were sold was $210.35. Represents the weighted average sale price. The lowest price at which shares were sold was $211.32 and the highest price at which shares were sold was $211.40. Represents the weighted average sale price. The lowest price at which shares were sold was $212.45 and the highest price at which shares were sold was $213.32. Represents the weighted average sale price. The lowest price at which shares were sold was $213.67 and the highest price at which shares were sold was $214.56 Represents the weighted average sale price. The lowest price at which shares were sold was $214.67 and the highest price at which shares were sold was $215.66. Represents the weighted average sale price. The lowest price at which shares were sold was $215.67 and the highest price at which shares were sold was $216.63. Represents the weighted average sale price. The lowest price at which shares were sold was $216.74 and the highest price at which shares were sold was $217.38. Represents the weighted average sale price. The lowest price at which shares were sold was $217.87 and the highest price at which shares were sold was $218.81. Represents the weighted average sale price. The lowest price at which shares were sold was $218.91 and the highest price at which shares were sold was $219.60. Each 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. 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. Exhibit 24 - Powers of Attorney. /s/ Lawrence J. Brock, by Lailey Rezai, Attorney-in-Fact 2024-05-22 EX-24 2 a2024poaljbrock.htm EX-24 Document


LIMITED POWER OF ATTORNEY

The undersigned hereby constitutes and appoints Paul Grewal, Doug Sharp, Molly Abraham, Amanda Baratz and Lailey Rezai, as long as they are providing services to Coinbase Global, Inc. or its related entities (the "Company"), or either of them, the undersigned's true and lawful attorney-in-fact to:

(1)    prepare, execute in the undersigned's name and on the undersigned's behalf, and submit to the Securities and Exchange Commission (the "SEC") Form ID and Forms 3, 4 and 5 in accordance with Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules and regulations thereunder;

(2)    do and perform any and all acts for and on behalf of the undersigned that may be necessary or desirable to complete and execute any such Form ID and Forms 3, 4 or 5 and timely file such forms with the Securities and Exchange Commission and any stock exchange or similar authority, if required; and

(3)    take any other action of any type whatsoever in connection with the foregoing that, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform each and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution and revocation, hereby ratifying and confirming all that each such attorney-in-fact, or each such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that each of the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Exchange Act.

The undersigned agrees that each such attorney-in-fact may rely entirely on information furnished orally or in writing by the undersigned to each such attorney-in-fact. The undersigned also agrees to indemnify and hold harmless the Company and each such attorney-in-fact against any losses, claims, damages or liabilities (or actions in these respects) that arise out of or are based on any untrue statement or omission of necessary facts in the information provided by the undersigned to such attorney-in-fact for purposes of executing, acknowledging, delivering and filing Form ID or Forms 3, 4 or 5 (including amendments thereto) and agrees to reimburse the Company and each such attorney-in-fact for any legal or other expenses reasonably


incurred in connection with investigating or defending against any such loss, claim, damage, liability or action.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Form ID or Forms 3, 4 and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of February 14, 2024.




By: /s/ Lawrence J. Brock
Lawrence J. Brock

[Signature Page to Limited Power of Attorney]