Chatterjee Surojit's Form 4/A amendment
AmendedCoinbase Global, Inc. (COIN) · filed Jul 16, 2021
- Accession no.
- 0001679788-21-000013
- Filed
- Jul 16, 2021
- Trade date
- Apr 14, 2021
- Filing delay
- 93 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Apr 16, 2021
This filing lists 5 non-derivative transactions and 1 derivative transaction. Open-market sales total $61.9M. It was filed 93 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Chatterjee SurojitCIK 0001851558 | Officer (Chief Product Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 14, 2021 | Class A Common Stock | MOption exerciseAcquired | +160,000 | $18.71 | +$2,993,600 | 165,344 | Direct | |
| Apr 14, 2021 | Class A Common Stock | GGiftDisposed | −165,344 | $0.00 | $0 | 0 | Direct | |
| Apr 14, 2021 | Class A Common | GGiftAcquired | +165,344 | $0.00 | $0 | 165,344 | Indirect | |
| Apr 14, 2021 | Class A Common | SSaleDisposed | −135,000 | $381.00 | −$51,435,000 | 30,344 | Indirect | |
| Apr 14, 2021 | Class A Common | SSaleDisposed | −25,000 | $418.00 | −$10,450,000 | 5,344 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 14, 2021 | Class A Common Stock | MOption exerciseDisposed | −160,000 | $18.71 | −$2,993,600 | 1,836,692 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
These shares are held of record by The Chatterjee Family Revocable Trust, of which the Reporting Person and the Reporting Person's spouse are co-trustees. The Reporting Person disclaims beneficial ownership of the shares owned by The Chatterjee Family Revocable Trust, except to the extent of his pecuniary interest therein, if any.
- F2
The option vested with respect to 1/4th of the total shares underlying the option on February 3, 2021, and the remaining 3/4th of the shares underlying the option will vest in equal monthly installments thereafter until the option is fully vested on February 3, 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.
Remarks
This amendment to Form 4 filed on April 16, 2021 is filed to voluntarily report the gifting of Class A Common Stock to the Reporting Person's Trust, and to reflect the sale of shares by such Trust.