Sec Form 4 Filing - Ehrsam Frederick Ernest III @ Coinbase Global, Inc. - 2023-12-11

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Ehrsam Frederick Ernest III 2. Issuer Name and Ticker or Trading Symbol Coinbase Global, Inc. [ COIN] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O COINBASE GLOBAL, INC. 3. Date of Earliest Transaction (MM/DD/YY) 12/11/2023 (Street) NOT APPLICABLE, DE 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Common Stock 12/11/2023 S( 1 ) 4,300 D $ 136.7184 ( 2 ) 836,870 I By The Frederick Ernest Ehrsam III Living Trust Class A Common Stock 12/11/2023 S( 1 ) 27,650 D $ 137.5693 ( 3 ) 809,220 I By The Frederick Ernest Ehrsam III Living Trust Class A Common Stock 12/11/2023 S( 1 ) 26,025 D $ 138.5023 ( 4 ) 783,195 I By The Frederick Ernest Ehrsam III Living Trust Class A Common Stock 12/11/2023 S( 1 ) 8,711 D $ 139.5493 ( 5 ) 774,484 I By The Frederick Ernest Ehrsam III Living Trust Class A Common Stock 12/11/2023 S( 1 ) 16,283 D $ 140.5766 ( 6 ) 758,201 I By The Frederick Ernest Ehrsam III Living Trust Class A Common Stock 12/11/2023 S( 1 ) 12,248 D $ 141.4236 ( 7 ) 745,953 I By The Frederick Ernest Ehrsam III Living Trust Class A Common Stock 12/11/2023 S( 1 ) 2,619 D $ 142.2865 ( 8 ) 743,334 I By The Frederick Ernest Ehrsam III Living Trust Class A Common Stock 4,662 D Class A Common Stock 2,583,752 I By Paradigm Fund, LP ( 9 ) Class A Common Stock 1,931,844 I By Paradigm One LP ( 10 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Ehrsam Frederick Ernest III C/O COINBASE GLOBAL, INC. NOT APPLICABLE, DE X X Signatures /s/ Frederick Ernest Ehrsam III, by Doug Sharp, Attorney-in-Fact 12/13/2023 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 21, 2023, during an open trading window. ( 2 )Represents the weighted average sale price. The lowest price at which shares were sold was $136.04 and the highest price at which shares were sold was $137.03. 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 (8) to this Form 4. ( 3 )Represents the weighted average sale price. The lowest price at which shares were sold was $137.04 and the highest price at which shares were sold was $138.03. ( 4 )Represents the weighted average sale price. The lowest price at which shares were sold was $138.04 and the highest price at which shares were sold was $139.035. ( 5 )Represents the weighted average sale price. The lowest price at which shares were sold was $139.05 and the highest price at which shares were sold was $140.045. ( 6 )Represents the weighted average sale price. The lowest price at which shares were sold was $140.05 and the highest price at which shares were sold was $141.035. ( 7 )Represents the weighted average sale price. The lowest price at which shares were sold was $141.04 and the highest price at which shares were sold was $142.02. ( 8 )Represents the weighted average sale price. The lowest price at which shares were sold was $142.04 and the highest price at which shares were sold was $142.55. ( 9 )These shares are held by Paradigm Fund LP. Paradigm Fund GP LLC, the general partner of Paradigm Fund LP, has sole voting and investment power with regard to the shares held by Paradigm Fund LP. The Frederick Ernest Ehrsam III Living Trust and Matt Huang are the managing members of Paradigm Fund GP LLC. The Reporting Person is the trustee of The Frederick Ernest Ehrsam III Living Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any. ( 10 )These shares are held by Paradigm One LP. Paradigm One GP LLC, the general partner of Paradigm One LP, has sole voting and investment power with regard to the shares held by Paradigm One LP. The Frederick Ernest Ehrsam III Living Trust and Matt Huang are the managing members of Paradigm One GP LLC. The Reporting Person is the trustee of The Frederick Ernest Ehrsam III Living Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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