Coinbase Global
Statement of Changes in Beneficial Ownership
Transaction Details
Footnotes ▸
Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
Footnotes ▸
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 tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.
Footnotes ▸
Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. | Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person. | The RSUs vest with respect to 1/3 of the total award on August 20, 2025, and an additional 1/3 of the award vests in equal annual installments thereafter until the award is fully vested on August 20, 2027, 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.
Footnotes ▸
These shares are held of record by an irrevocable trust, of which the Reporting Person is a beneficiary. The Reporting Person disclaims beneficial ownership of the shares owned by the irrevocable trust, except to the extent of her pecuniary interest therein, if any.
Post-Transaction Holdings
| Security | Shares | Change |
|---|---|---|
| Class A Common Stock | 20.83K | +691 (3.43%) |
| Restricted Stock Units | 748 | -748 (-50.00%) |