Form 4 for COIN Coinbase
Accepted 2023-11-29 00:00:00 ET · period of report 2023-11-27 · accession 0001209191-23-056900 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2023-11-29 | 2023-11-27+ | COIN | Armstrong Brian | COB, CEO, Dir, 10% | C - Cnv Deriv | $0.00 | +92.8K | 50.0K | New | $0 |
| DI | 2023-11-29 | 2023-11-27 | COIN | Armstrong Brian | COB, CEO, Dir, 10% | G - Gift | $0.00 | -42.8K | 0 | -100% | $0 |
| DI | 2023-11-29 | 2023-11-28 | COIN | Armstrong Brian | COB, CEO, Dir, 10% | S - Sale | $125.19 | -50.0K | 0 | -100% | -$6.26M |
| DMI | 2023-11-29 | 2023-11-27+ | COIN | Armstrong Brian | COB, CEO, Dir, 10% | C - Cnv Deriv | $0.00 | -92.8K | 26.71M | -0.3% | $0 |
| DI | 2023-11-29 | 2023-11-27 | COIN | Armstrong Brian | COB, CEO, Dir, 10% | G - Gift | $0.00 | +2.10M | 3.05M | +221% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-11-27 | C | A | 42,801 | $0.00 | 42,801 | I By The Ehrsam 2014 Irrevocable Trust | — | — | (F2) 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. (F3) 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. |
| 2 | Common | Class A Common Stock | 2023-11-28 | C | A | 50,000 | $0.00 | 50,000 | I By The Brian Armstrong Living Trust | — | — | (F2) 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. |
| 3 | Common | Class A Common Stock | 2023-11-27 | G | D | 42,801 | $0.00 | 0 | I By The Ehrsam 2014 Irrevocable Trust | — | — | (F3) 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. |
| 4 | Common | Class A Common Stock | 2023-11-28 | S | D | 50,000 | $125.19 | 0 | I By The Brian Armstrong Living Trust | — | — | (F6) Represents the weighted average sale price. The lowest price at which shares were sold was $125.00 and the highest price at which shares were sold was $125.67. 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 herein. |
| 5 | Derivative | Class B Common Stock | 2023-11-27 | C | D | 42,801 | $0.00 | 3,008,393 | I By The Ehrsam 2014 Irrevocable Trust | — · — to — | 42,801 Class A Common Stock | (F2) 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. (F3) 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. |
| 6 | Derivative | Class B Common Stock | 2023-11-28 | C | D | 50,000 | $0.00 | 26,710,025 | I By The Brian Armstrong Living Trust | — · — to — | 50,000 Class A Common Stock | (F2) 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. |
| 7 | Derivative | Class B Common Stock | 2023-11-27 | G | A | 2,100,704 | $0.00 | 3,051,194 | I By The Ehrsam 2014 Irrevocable Trust | — · — to — | 2,100,704 Class A Common Stock | (F2) 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. (F3) 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. |