Ehrsam Frederick Ernest III's Form 4 filing
Coinbase Global, Inc. (COIN) · filed May 17, 2022
- Accession no.
- 0001679788-22-000050
- Filed
- May 17, 2022
- Trade date
- May 10-13, 2022
- Filing delay
- 7 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 4 non-derivative transactions and 1 derivative transaction. Open-market purchases total $50.0M. It was filed 7 days after the trade, past the 2-business-day deadline.
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 |
|---|---|
| Ehrsam Frederick Ernest IIICIK 0001851442 | Director |
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 |
|---|---|---|---|---|---|---|---|---|
| May 13, 2022 | Class A Common Stock | PPurchaseAcquired | +309,605 | $69.53F1 | +$21,526,835.65 | 309,605 | Indirect | |
| May 13, 2022 | Class A Common Stock | PPurchaseAcquired | +135,663 | $69.97F3 | +$9,492,340.11 | 445,268 | Indirect | |
| May 13, 2022 | Class A Common Stock | PPurchaseAcquired | +69,025 | $72.04F4 | +$4,972,561 | 514,293 | Indirect | |
| May 13, 2022 | Class A Common Stock | PPurchaseAcquired | +192,261 | $72.85F5 | +$14,006,213.85 | 706,554 | 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 |
|---|---|---|---|---|---|---|---|---|
| May 10, 2022 | Class A Common Stock | GGiftDisposed | −370,000 | $0.00 | $0 | 2,719,574 | Indirect |
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
Represents the weighted average purchase price. The lowest price at which shares were purchased was $68.91 and the highest price at which shares were purchased was $69.905. 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 purchased at each separate price within the ranges set forth in footnotes (1) and (3) through (5) to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F3
Represents the weighted average purchase price. The lowest price at which shares were purchased was $69.91 and the highest price at which shares were purchased was $70.00.
Referenced by the price of 1 transaction in Table I.
- F4
Represents the weighted average purchase price. The lowest price at which shares were purchased was $71.66 and the highest price at which shares were purchased was $72.655.
Referenced by the price of 1 transaction in Table I.
- F5
Represents the weighted average purchase price. The lowest price at which shares were purchased was $72.66 and the highest price at which shares were purchased was $73.25.
Referenced by the price of 1 transaction in Table I.
Remarks
The Reporting Person has disgorged to the Issuer all statutory "profits" pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, that resulted from the transactions reported herein. Such profits are not material to the financial statements of the Issuer.