Grewal Paul's Form 4/A amendment
AmendedCoinbase Global, Inc. (COIN) · filed Feb 24, 2025
- Accession no.
- 0001679788-25-000035
- Filed
- Feb 24, 2025
- Trade date
- Dec 2, 2024
- Filing delay
- 84 days
- Rule 10b5-1 plan
- Checked
- Original filed
- Dec 4, 2024
This filing lists 1 non-derivative transaction and 1 derivative transaction. It carries over 10 transactions from the original filing that it did not restate. Open-market sales total $3.06M. It was filed 84 days after the trade.
This amendment restates part of 0001679788-24-000215 (filed Dec 4, 2024). The transactions it did not restate still count and are listed below.
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 |
|---|---|
| Grewal PaulCIK 0001851414 | Officer (Chief Legal 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 |
|---|---|---|---|---|---|---|---|---|
| Dec 2, 2024 | Class A Common Stock | MOption exerciseAcquired | +10,000 | $26.26 | +$262,600 | 89,407 | Direct |
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 |
|---|---|---|---|---|---|---|---|---|
| Dec 2, 2024 | Class A Common Stock | MOption exerciseDisposed | −10,000 | $0.00 | $0 | 241,722 | Direct |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0001679788-24-000215 (filed Dec 4, 2024).
Non-derivative securities (Table I)
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 2, 2024 | Class A Common Stock | SSaleDisposed | −396 | $300.77F2 | −$119,104.92 | 79,011 | Direct | |
| Dec 2, 2024 | Class A Common Stock | SSaleDisposed | −1,097 | $301.95F3 | −$331,239.15 | 77,914 | Direct | |
| Dec 2, 2024 | Class A Common Stock | SSaleDisposed | −1,339 | $303.20F4 | −$405,984.8 | 76,575 | Direct | |
| Dec 2, 2024 | Class A Common Stock | SSaleDisposed | −1,640 | $304.18F5 | −$498,855.2 | 74,935 | Direct | |
| Dec 2, 2024 | Class A Common Stock | SSaleDisposed | −1,467 | $305.35F6 | −$447,948.45 | 73,468 | Direct | |
| Dec 2, 2024 | Class A Common Stock | SSaleDisposed | −402 | $306.59F7 | −$123,249.18 | 73,066 | Direct | |
| Dec 2, 2024 | Class A Common Stock | SSaleDisposed | −784 | $307.70F8 | −$241,236.8 | 72,282 | Direct | |
| Dec 2, 2024 | Class A Common Stock | SSaleDisposed | −1,387 | $308.97F9 | −$428,541.39 | 70,895 | Direct | |
| Dec 2, 2024 | Class A Common Stock | SSaleDisposed | −1,472 | $309.79F10 | −$456,010.88 | 69,423 | Direct | |
| Dec 2, 2024 | Class A Common Stock | SSaleDisposed | −16 | $310.84 | −$4,973.44 | 69,407 | Direct |
Footnotes on the original
The footnotes that the prices of these transactions refer to on the original filing.
- F2
Represents the weighted average sale price. The lowest price at which shares were sold was $300.21 and the highest price at which shares were sold was $301.20. 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 (2) through (10) to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F3
Represents the weighted average sale price. The lowest price at which shares were sold was $301.51 and the highest price at which shares were sold was $302.50.
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 $302.84 and the highest price at which shares were sold was $303.81.
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 $303.88 and the highest price at which shares were sold was $304.635.
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 $304.93 and the highest price at which shares were sold was $305.90.
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 $306.14 and the highest price at which shares were sold was $306.99.
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 $307.28 and the highest price at which shares were sold was $308.25.
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 $308.50 and the highest price at which shares were sold was $309.43.
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 $309.59 and the highest price at which shares were sold was $310.19.
Referenced by the price of 1 transaction in Table I.
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
The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 28, 2024, during an open trading window.
- F2
1/4 of the total shares underlying the option vested on August 31, 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 August 31, 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 December 4, 2024 reflects a correction to the number of shares of the Issuer's Class A Common owned by the Reporting Person following a stock option exercise made on December 2, 2024.