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Armstrong Brian's Form 4 filing

Coinbase Global, Inc. (COIN) · filed Nov 20, 2024

Accession no.
0001679788-24-000199
Filed
Nov 20, 2024, 4:21 PM ET
Trade date
Nov 18, 2024
Filing delay
2 days
Rule 10b5-1 plan
Checked

This filing lists 30 non-derivative transactions and 1 derivative transaction. Open-market sales total $293.9M. It was filed 2 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.

Reporting owners on this filing
OwnerRelationship to the company
Armstrong BrianCIK 0001851492Director, Officer (Chairman and CEO), 10% Owner
Brian Armstrong Living TrustCIK 000185670510% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Nov 18, 2024Class A Common StockCConversionAcquired+1,025,000$0.00F3$01,025,526Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−17,174$289.13F4−$4,965,592.471,008,352Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−26,366$290.11F5−$7,648,955.89981,986Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−42,574$291.07F6−$12,391,937.55939,412Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−72,605$292.00F7−$21,200,623.7866,807Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−48,946$293.03F8−$14,342,739.38817,861Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−40,983$294.01F9−$12,049,481.5776,878Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−32,080$294.93F10−$9,461,424.98744,798Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−25,264$296.06F11−$7,479,738.16719,534Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−81,685$297.08F12−$24,266,832.77637,849Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−85,923$298.02F13−$25,606,720.91551,926Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−102,404$298.96F14−$30,614,341.43449,522Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−38,014$300.05F15−$11,406,286.97411,508Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−14,711$300.85F16−$4,425,823.47396,797Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−9,108$302.11F17−$2,751,635.19387,689Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−7,491$302.83F18−$2,268,530.24380,198Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−5,253$304.17F19−$1,597,805.54374,945Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−6,976$304.95F20−$2,127,347.94367,969Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−6,832$306.20F21−$2,091,929.71361,137Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−9,195$307.08F22−$2,823,561.06351,942Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−1,416$307.90F23−$435,985.27350,526Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−58,645$318.55F24−$18,681,487.9291,881Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−51,112$319.36F25−$16,323,148.76240,769Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−27,522$320.55F26−$8,822,300.95213,247Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−23,842$321.51F27−$7,665,460.49189,405Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−14,400$322.73F28−$4,647,291.84175,005Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−16,300$323.46F29−$5,272,355.62158,705Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−25,256$324.63F30−$8,198,827.5133,449Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−42,082$325.55F31−$13,699,677.2791,367Indirect
Nov 18, 2024Class A Common StockSSaleDisposed−32,572$326.58F32−$10,637,494.0558,795Indirect

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Nov 18, 2024Class A Common StockCConversionDisposed−1,025,000$0.00$024,306,225Indirect

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.

F3

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.

Referenced by the price of 1 transaction in Table I.

F4

Represents the weighted average sale price. The lowest price at which shares were sold was $288.51 and the highest price at which shares were sold was $289.50. 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 (4) through (32) to this Form 4.

Referenced by the price of 1 transaction in Table I.

F5

Represents the weighted average sale price. The lowest price at which shares were sold was $289.51 and the highest price at which shares were sold was $290.50.

Referenced by the price of 1 transaction in Table I.

F6

Represents the weighted average sale price. The lowest price at which shares were sold was $290.51 and the highest price at which shares were sold was $291.50.

Referenced by the price of 1 transaction in Table I.

F7

Represents the weighted average sale price. The lowest price at which shares were sold was $291.51 and the highest price at which shares were sold was $292.50.

Referenced by the price of 1 transaction in Table I.

F8

Represents the weighted average sale price. The lowest price at which shares were sold was $292.51 and the highest price at which shares were sold was $293.50.

Referenced by the price of 1 transaction in Table I.

F9

Represents the weighted average sale price. The lowest price at which shares were sold was $293.51 and the highest price at which shares were sold was $294.50.

Referenced by the price of 1 transaction in Table I.

F10

Represents the weighted average sale price. The lowest price at which shares were sold was $294.51 and the highest price at which shares were sold was $295.50.

Referenced by the price of 1 transaction in Table I.

F11

Represents the weighted average sale price. The lowest price at which shares were sold was $295.52 and the highest price at which shares were sold was $296.51.

Referenced by the price of 1 transaction in Table I.

F12

Represents the weighted average sale price. The lowest price at which shares were sold was $296.52 and the highest price at which shares were sold was $297.51.

Referenced by the price of 1 transaction in Table I.

F13

Represents the weighted average sale price. The lowest price at which shares were sold was $297.52 and the highest price at which shares were sold was $298.515.

Referenced by the price of 1 transaction in Table I.

F14

Represents the weighted average sale price. The lowest price at which shares were sold was $298.52 and the highest price at which shares were sold was $299.515.

Referenced by the price of 1 transaction in Table I.

F15

Represents the weighted average sale price. The lowest price at which shares were sold was $299.52 and the highest price at which shares were sold was $300.51.

Referenced by the price of 1 transaction in Table I.

F16

Represents the weighted average sale price. The lowest price at which shares were sold was $300.52 and the highest price at which shares were sold was $301.44.

Referenced by the price of 1 transaction in Table I.

F17

Represents the weighted average sale price. The lowest price at which shares were sold was $301.52 and the highest price at which shares were sold was $302.50.

Referenced by the price of 1 transaction in Table I.

F18

Represents the weighted average sale price. The lowest price at which shares were sold was $302.52 and the highest price at which shares were sold was $303.46.

Referenced by the price of 1 transaction in Table I.

F19

Represents the weighted average sale price. The lowest price at which shares were sold was $303.61 and the highest price at which shares were sold was $304.55.

Referenced by the price of 1 transaction in Table I.

F20

Represents the weighted average sale price. The lowest price at which shares were sold was $304.63 and the highest price at which shares were sold was $305.35.

Referenced by the price of 1 transaction in Table I.

F21

Represents the weighted average sale price. The lowest price at which shares were sold was $305.65 and the highest price at which shares were sold was $306.62.

Referenced by the price of 1 transaction in Table I.

F22

Represents the weighted average sale price. The lowest price at which shares were sold was $306.66 and the highest price at which shares were sold was $307.58.

Referenced by the price of 1 transaction in Table I.

F23

Represents the weighted average sale price. The lowest price at which shares were sold was $307.69 and the highest price at which shares were sold was $308.21.

Referenced by the price of 1 transaction in Table I.

F24

Represents the weighted average sale price. The lowest price at which shares were sold was $318.00 and the highest price at which shares were sold was $318.995.

Referenced by the price of 1 transaction in Table I.

F25

Represents the weighted average sale price. The lowest price at which shares were sold was $319.00 and the highest price at which shares were sold was $319.99.

Referenced by the price of 1 transaction in Table I.

F26

Represents the weighted average sale price. The lowest price at which shares were sold was $320.00 and the highest price at which shares were sold was $320.99.

Referenced by the price of 1 transaction in Table I.

F27

Represents the weighted average sale price. The lowest price at which shares were sold was $321.00 and the highest price at which shares were sold was $321.99.

Referenced by the price of 1 transaction in Table I.

F28

Represents the weighted average sale price. The lowest price at which shares were sold was $322.03 and the highest price at which shares were sold was $323.025.

Referenced by the price of 1 transaction in Table I.

F29

Represents the weighted average sale price. The lowest price at which shares were sold was $323.03 and the highest price at which shares were sold was $324.02.

Referenced by the price of 1 transaction in Table I.

F30

Represents the weighted average sale price. The lowest price at which shares were sold was $324.03 and the highest price at which shares were sold was $325.02.

Referenced by the price of 1 transaction in Table I.

F31

Represents the weighted average sale price. The lowest price at which shares were sold was $325.03 and the highest price at which shares were sold was $326.025.

Referenced by the price of 1 transaction in Table I.

F32

Represents the weighted average sale price. The lowest price at which shares were sold was $326.03 and the highest price at which shares were sold was $327.02.

Referenced by the price of 1 transaction in Table I.

Remarks

This Form 4 is the first of two Forms 4 filed relating to transactions occurring on November 18, 2024. This Form 4 has been split into two filings because there are more than 30 transactions reported in Table I in total, and the SEC's EDGAR filing system limits transactions reported in Table I or Table II to 30.

Read the full filing on SEC EDGAR (opens in a new tab)