Form 4 for COIN Coinbase
Accepted 2022-11-22 00:00:00 ET · period of report 2022-11-20 · accession 0001679788-22-000127 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-11-22 | 2022-11-22 | COIN | HAAS ALESIA J | CFO | S - Sale+OE | $42.45 | -103.9K | 92.3K | -53% | -$4.41M |
| DM | 2022-11-22 | 2022-11-20+ | COIN | HAAS ALESIA J | CFO | M - OptEx | $16.67 | +155.5K | 30.4K | New | +$2.59M |
| D | 2022-11-22 | 2022-11-22 | COIN | HAAS ALESIA J | CFO | C - Cnv Deriv | $0.00 | +26.8K | 53.2K | +102% | $0 |
| D | 2022-11-22 | 2022-11-20 | COIN | HAAS ALESIA J | CFO | F - Tax | $45.26 | -6,201 | 26.3K | -19% | -$280.7K |
| D | 2022-11-22 | 2022-11-22 | COIN | HAAS ALESIA J | CFO | C - Cnv Deriv | $0.00 | -26.8K | 0 | -100% | $0 |
| DM | 2022-11-22 | 2022-11-20+ | COIN | HAAS ALESIA J | CFO | M - OptEx | $0.00 | -155.5K | 17.1K | -90% | $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 | 2022-11-22 | S | D | 92,659 | $42.38 | 103,517 | D | — | — | (F6) Represents the weighted average sale price. The lowest price at which shares were sold was $41.83 and the highest price at which shares were sold was $42.81. 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 ranges set forth in footnotes (6) and (7) to this Form 4. |
| 2 | Common | Class A Common Stock | 2022-11-22 | S | D | 11,200 | $43.02 | 92,317 | D | — | — | (F7) Represents the weighted average sale price. The lowest price at which shares were sold was $42.92 and the highest price at which shares were sold was $43.09. |
| 3 | Common | Class A Common Stock | 2022-11-22 | M | A | 143,023 | $18.13 | 196,176 | D | — | — | |
| 4 | Common | Class A Common Stock | 2022-11-22 | C | A | 26,832 | $0.00 | 53,153 | D | — | — | |
| 5 | Common | Class A Common Stock | 2022-11-20 | M | A | 2,142 | $0.00 | 32,522 | D | — | — | |
| 6 | Common | Class A Common Stock | 2022-11-20 | M | A | 10,362 | $0.00 | 30,380 | D | — | — | |
| 7 | Common | Class A Common Stock | 2022-11-20 | F | D | 6,201 | $45.26 | 26,321 | D | — | — | |
| 8 | Derivative | Class B Common Stock | 2022-11-22 | C | D | 26,832 | $0.00 | 0 | D | — · — to — | 26,832 Class A Common Stock | (F14) 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. |
| 9 | Derivative | Employee Stock Option (right to buy) | 2022-11-22 | M | D | 143,023 | $0.00 | 78,433 | D | $18.13 · — to 2030-04-28 | 143,023 Class A Common Stock | (F15) The options vest in equal monthly increments over four years, with the first 1/48 of the options vesting on February 1, 2020, until the options are fully vested on January 1, 2024, 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. |
| 10 | Derivative | Class B Common Stock | 2022-11-22 | M | A | 26,832 | $0.00 | 26,832 | D | — · — to — | 26,832 Class A Common Stock | (F14) 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. |
| 11 | Derivative | Employee Stock Option (right to buy) | 2022-11-22 | M | D | 26,832 | $0.00 | 1,067,668 | D | $6.97 · — to 2028-04-30 | 26,832 Class B Common Stock | (F13) The options vested with respect to 1/4th of the total shares on April 17, 2019, and the remaining 3/4th of the options vest in equal monthly installments thereafter until the options are fully vested on April 17, 2022, 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. |
| 12 | Derivative | Restricted Stock Units | 2022-11-20 | M | D | 10,362 | $0.00 | 41,445 | D | $0.00 · — to — | 10,362 Class A Common Stock | (F9) Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F10) The RSUs vest with respect to 16.67% of the total award on May 20, 2021, and an additional 8.33% of the award vests quarterly thereafter until the award is fully vested on February 20, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date. (F11) RSUs do not expire; they either vest or are canceled prior to vesting date. |
| 13 | Derivative | Restricted Stock Units | 2022-11-20 | M | D | 2,142 | $0.00 | 17,143 | D | $0.00 · — to — | 2,142 Class A Common Stock | (F9) Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F12) 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. (F11) RSUs do not expire; they either vest or are canceled prior to vesting date. |