4//SEC Filing
Chatterjee Surojit 4
Accession 0001679788-22-000058
CIK 0001679788other
Filed
May 23, 8:00 PM ET
Accepted
May 24, 8:01 PM ET
Size
10.6 KB
Accession
0001679788-22-000058
Insider Transaction Report
Form 4
Chatterjee Surojit
Chief Product Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-05-20−2,143→ 21,428 totalExercise: $0.00→ Class A Common Stock (2,143 underlying) - Tax Payment
Class A Common Stock
2022-05-23$67.42/sh−1,063$71,667→ 2,329 total - Exercise/Conversion
Class A Common Stock
2022-05-20+2,143→ 3,392 total
Holdings
- 5,344(indirect: By Trust)
Class A Common Stock
Footnotes (7)
- [F1]Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
- [F2]Includes 85 shares acquired on April 29, 2022, pursuant to the Issuer's 2021 Employee Stock Purchase Plan.
- [F3]Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.
- [F4]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.
- [F5]Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F6]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.
- [F7]RSUs do not expire; they either vest or are canceled prior to vesting date.
Documents
Issuer
Coinbase Global, Inc.
CIK 0001679788
Entity typeother
Related Parties
1- filerCIK 0001851558
Filing Metadata
- Form type
- 4
- Filed
- May 23, 8:00 PM ET
- Accepted
- May 24, 8:01 PM ET
- Size
- 10.6 KB