Chatterjee Surojit 4
4 · Coinbase Global, Inc. · Filed Feb 23, 2022
Insider Transaction Report
Form 4
Chatterjee Surojit
Chief Product Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2022-02-20+2,143→ 2,227 total - Exercise/Conversion
Restricted Stock Units
2022-02-20−2,143→ 23,571 totalExercise: $0.00→ Class A Common Stock (2,143 underlying) - Tax Payment
Class A Common Stock
2022-02-20$189.16/sh−1,063$201,077→ 1,164 total
Holdings
- 5,344(indirect: By Trust)
Class A Common Stock
Footnotes (5)
- [F1]Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
- [F2]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.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F4]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.
- [F5]RSUs do not expire; they either vest or are canceled prior to vesting date.