Sec Form 4 Filing - Union Square Ventures 2012 Fund, L.P. @ Coinbase Global, Inc. - 2021-04-14

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 Union Square Ventures 2012 Fund, L.P. 2. Issuer Name and Ticker or Trading Symbol Coinbase Global, Inc. [ COIN] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O UNION SQUARE VENTURES, 920 BROADWAY, 2ND FLOOR 3. Date of Earliest Transaction (MM/DD/YY) 04/14/2021 (Street) NEW YORK, NY10010 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ 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 04/14/2021 J( 1 ) 7,702,041 D $ 0 3,924,059 D ( 2 ) Class A Common Stock 04/14/2021 J( 3 ) 297,959 D $ 0 151,803 I By USV Investors 2012 Fund, L.P. ( 4 ) Class A Common Stock 04/14/2021 J( 5 ) 1,141,886 D $ 0 596,121 I By USV Opportunity 2014, LP ( 6 ) Class A Common Stock 04/14/2021 J( 7 ) 58,114 D $ 0 30,341 I By USV Opportunity Investors 2014, LP ( 8 ) Class A Common Stock 04/14/2021 S 3,755,323 D $ 388.8889 168,736 D ( 2 ) Class A Common Stock 04/14/2021 S 145,277 D $ 388.8889 6,526 I By USV Investors 2012 Fund, L.P. ( 4 ) Class A Common Stock 04/14/2021 S 570,372 D $ 388.8889 25,749 I By USV Opportunity 2014, LP ( 6 ) Class A Common Stock 04/14/2021 S 29,028 D $ 388.8889 1,313 I By USV Opportunity Investors 2014, LP ( 8 ) Class A Common Stock 04/15/2021 S 168,736 D $ 330.0073 0 D ( 2 ) Class A Common Stock 04/15/2021 S 6,526 D $ 330.0073 0 I By USV Investors 2012 Fund, L.P. ( 4 ) Class A Common Stock 04/15/2021 S 25,749 D $ 330.0073 0 I By USV Opportunity 2014, LP ( 6 ) Class A Common Stock 04/15/2021 S 1,313 D $ 330.0073 0 I By USV Opportunity Investors 2014, LP ( 8 )

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 Union Square Ventures 2012 Fund, L.P. C/O UNION SQUARE VENTURES 920 BROADWAY, 2ND FLOOR NEW YORK, NY10010 X Union Square 2012 GP, L.L.C. C/O UNION SQUARE VENTURES 920 BROADWAY, 2ND FLOOR NEW YORK, NY10010 X USV Investors 2012 Fund, L.P. C/O UNION SQUARE VENTURES 920 BROADWAY, 2ND FLOOR NEW YORK, NY10010 X USV Opportunity 2014 GP, LLC C/O UNION SQUARE VENTURES 920 BROADWAY, 2ND FLOOR NEW YORK, NY10010 X USV Opportunity 2014, LP C/O UNION SQUARE VENTURES 920 BROADWAY, 2ND FLOOR NEW YORK, NY10010 X USV Opportunity Investors 2014, LP C/O UNION SQUARE VENTURES 920 BROADWAY, 2ND FLOOR NEW YORK, NY10010 X Weissman Andy C/O UNION SQUARE VENTURES 920 BROADWAY, 2ND FLOOR NEW YORK, NY10010 X Wenger Albert C/O UNION SQUARE VENTURES 920 BROADWAY, 2ND FLOOR NEW YORK, NY10010 X Burnham Brad C/O UNION SQUARE VENTURES 920 BROADWAY, 2ND FLOOR NEW YORK, NY10010 X Buttrick John C/O UNION SQUARE VENTURES 920 BROADWAY, 2ND FLOOR NEW YORK, NY10010 X Signatures Union Square Ventures 2012 Fund, L.P.,By: Union Square 2012 GP, L.L.C., its General PartnerBy: /s/ John Buttrick, its Managing Member 04/16/2021 Signature of Reporting Person Date Union Square 2012 GP, L.L.C., By: /s/ John Buttrick, its Managing Member 04/16/2021 Signature of Reporting Person Date USV Investors 2012 Fund, L.P., By: Union Square 2012 GP, L.L.C., its General Partner, By: /s/ John Buttrick, its Managing Member 04/16/2021 Signature of Reporting Person Date USV Opportunity 2014 GP, LLC, By: /s/ John Buttrick, its Managing Member 04/16/2021 Signature of Reporting Person Date USV Opportunity 2014, LP, By: USV Opportunity 2014 GP, LLC, its General Partner, By: /s/ John Buttrick, its Managing Member 04/16/2021 Signature of Reporting Person Date USV Opportunity Investors 2014, LP, By: USV Opportunity 2014 GP, LLC, its General Partner, By: /s/ John Buttrick, its Managing Member 04/16/2021 Signature of Reporting Person Date /s/ Andy Weissman 04/16/2021 Signature of Reporting Person Date /s/ Albert Wenger 04/16/2021 Signature of Reporting Person Date /s/ Brad Burnham 04/16/2021 Signature of Reporting Person Date /s/ John Buttrick 04/16/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On April 14, 2021, Union Square Ventures 2012 Fund, LP ("USV 2012 Fund") distributed, for no consideration, 7,702,041 shares of the Issuer's Class A Common Stock to its limited partners and to Union Square 2012 GP, L.L.C., the general partner of USV 2012 Fund, representing each such partner's pro rata interest in such shares. On the same date, Union Square 2012 GP, L.L.C. distributed, for no consideration, the shares it received in the distribution to its members, representing each such member's pro rata interest in such shares. ( 2 )These shares are held by USV 2012 Fund. Union Square 2012 GP, L.L.C. is the general partner of USV 2012 Fund and has sole voting and investment power with regard to the shares held by USV 2012 Fund. Fred Wilson, Brad Burnham, Albert Wenger, John Buttrick, and Andy Weissman are partners at Union Square Ventures and therefore may be deemed to have shared voting and investment power with regard to the shares held directly by USV 2012 Fund. Each of these individuals disclaims beneficial ownership of these shares except to the extent of their pecuniary interest therein, if any. ( 3 )On April 14, 2021, USV Investors 2012 Fund, LP ("USV Investors 2012") distributed, for no consideration, 297,959 shares of the Issuer's Class A Common Stock to its limited partners and to Union Square 2012 GP, L.L.C., the general partner of USV Investors 2012, representing each such partner's pro rata interest in such shares. On the same date, Union Square 2012 GP, L.L.C. distributed, for no consideration, the shares it received in the distribution to its members, representing each such member's pro rata interest in such shares. ( 4 )These shares are held by USV Investors 2012. Union Square 2012 GP, L.L.C. is the general partner of USV Investors 2012 and has sole voting and investment power with regard to the shares held by USV Investors 2012. Fred Wilson, Brad Burnham, Albert Wenger, John Buttrick, and Andy Weissman are partners at Union Square Ventures and therefore may be deemed to have shared voting and investment power with regard to the shares held directly by USV Investors 2012. Each of these individuals disclaims beneficial ownership of these shares except to the extent of their pecuniary interest therein, if any. ( 5 )On April 14, 2021, USV Opportunity 2014, LP ("USV Opportunity 2014 Fund") distributed, for no consideration, 1,141,886 shares of the Issuer's Class A Common Stock to its limited partners and to USV Opportunity 2014 GP, LLC, the general partner of USV Opportunity 2014 Fund, representing each such partner's pro rata interest in such shares. On the same date, USV Opportunity 2014 GP, LLC distributed, for no consideration, the shares it received in the distribution to its members, representing each such member's pro rata interest in such shares. ( 6 )These shares are held by USV Opportunity 2014 Fund. USV Opportunity 2014 GP, LLC is the general partner of USV Opportunity 2014 Fund and has sole voting and investment power with regard to the shares held by USV Opportunity 2014 Fund. Fred Wilson, Brad Burnham, Albert Wenger, John Buttrick, and Andy Weissman are partners at Union Square Ventures and therefore may be deemed to have shared voting and investment power with regard to the shares held directly by USV Opportunity 2014 Fund. Each of these individuals disclaims beneficial ownership of these shares except to the extent of their pecuniary interest therein, if any. ( 7 )On April 14, 2021, USV Opportunity Investors 2014, LP ("USV Opportunity Investors 2014") distributed, for no consideration, 58,114 shares of the Issuer's Class A Common Stock to its limited partners and to USV Opportunity 2014 GP, LLC, the general partner of USV Opportunity Investors 2014, representing each such partner's pro rata interest in such shares. On the same date, USV Opportunity 2014 GP, LLC distributed, for no consideration, the shares it received in the distribution to its members, representing each such member's pro rata interest in such shares. ( 8 )These shares are held by USV Opportunity Investors 2014. USV Opportunity 2014 GP, LLC is the general partner of USV Opportunity Investors 2014 and has sole voting and investment power with regard to the shares held by USV Opportunity Investors 2014. Fred Wilson, Brad Burnham, Albert Wenger, John Buttrick, and Andy Weissman are partners at Union Square Ventures and therefore may be deemed to have shared voting and investment power with regard to the shares held directly by USV Opportunity Investors 2014. Each of these individuals disclaims beneficial ownership of these shares except to the extent of their pecuniary interest therein, if any.

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