4//SEC Filing
Haun Kathryn 4
Accession 0001679788-23-000040
CIK 0001679788other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:29 PM ET
Size
16.6 KB
Accession
0001679788-23-000040
Insider Transaction Report
Form 4
Haun Kathryn
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2023-02-20+2,418→ 112,640 total - Exercise/Conversion
Restricted Stock Units
2023-02-20−2,418→ 0 totalExercise: $0.00→ Class A Common Stock (2,418 underlying) - Gift
Class A Common Stock
2023-02-10+77,772→ 110,222 total - Gift
Class A Common Stock
2023-02-10−128,508→ 0 total(indirect: By Trust)
Holdings
- 57,500(indirect: By LLC)
Class A Common Stock
Footnotes (7)
- [F1]Reflects the transfer on February 10, 2023, (i) of 77,772 shares of Class A Common Stock from The Gherardesca Annuity Trust ("GRAT") to the Reporting Person in satisfaction of GRAT annuity payments owed to the Reporting Person and (ii) 50,736 shares of Class A Common Stock from the GRAT to EZT Trust. The GRAT annuity payment and transfer reflected on this Form 4 were entered into in connection with the Reporting Person's long-term estate planning.
- [F2]The Reporting Person is the settlor and investment trustee of the Gherardesca Annuity Trust. As investment trustee, the Reporting Person has sole voting and investment power over the shares held by the Gherardesca Annuity Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.
- [F3]Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
- [F4]These shares are held of record by Gherardesca LLC. The Reporting Person is one of two investment managers of Gherardesca LLC. As an investment manager, the Reporting Person has shared voting and investment power over the shares held by Gherardesca LLC. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her 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 with respect to 12.5% of the total award on May 20, 2021, and an additional 12.5% of the award vests in equal quarterly installments thereafter until the award is fully vested on February 20, 2023, 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.
Issuer
Coinbase Global, Inc.
CIK 0001679788
Entity typeother
Related Parties
1- filerCIK 0001851425
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 4:29 PM ET
- Size
- 16.6 KB