Form 4 for COIN Coinbase
Accepted 2023-12-27 00:00:00 ET · period of report 2023-12-22 · accession 0001209191-23-059783 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-12-27 | 2023-12-22 | COIN | Brock Lawrence J | CHRO | S - Sale+OE | $175.20 | -104.8K | 11.1K | -90% | -$18.36M |
| D | 2023-12-27 | 2023-12-22 | COIN | Brock Lawrence J | CHRO | M - OptEx | $17.87 | +104.8K | 115.9K | +945% | +$1.87M |
| D | 2023-12-27 | 2023-12-22 | COIN | Brock Lawrence J | CHRO | M - OptEx | $0.00 | -104.8K | 26.0K | -80% | $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 | 2023-12-22 | S | D | 104,767 | $175.20 | 11,089 | D | — | — | (F2) Represents the weighted average sale price. The lowest price at which shares were sold was $175.00 and the highest price at which shares were sold was $175.70. The Reporting Person undertakes to provide upon request to the staff of the Securities 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. |
| 2 | Common | Class A Common Stock | 2023-12-22 | M | A | 104,767 | $17.87 | 115,856 | D | — | — | |
| 3 | Derivative | Employee Stock Option (right to buy) | 2023-12-22 | M | D | 104,767 | $0.00 | 25,994 | D | $17.87 · — to 2029-04-16 | 104,767 Class A Common Stock | (F3) The options vested with respect to 1/4th of the total shares on February 25, 2020, and the remaining options vest in equal monthly installments thereafter until the options are fully vested on February 25, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase. |