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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

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                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

C/O COINBASE GLOBAL, INC.
3. Date of Earliest Transaction (MM/DD/YYYY)

12/15/2021
(Street)

NOT APPLICABLE, DE 
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 12/15/2021  S(1)  1624 D$249.4575 (2)1165781 I By The Frederick Ernest Ehrsam III Living Trust 
Class A Common Stock 12/15/2021  S(1)  1129 D$250.4741 (3)1164652 I By The Frederick Ernest Ehrsam III Living Trust 
Class A Common Stock 12/15/2021  S(1)  1253 D$251.5041 (4)1163399 I By The Frederick Ernest Ehrsam III Living Trust 
Class A Common Stock 12/15/2021  S(1)  700 D$252.5768 (5)1162699 I By The Frederick Ernest Ehrsam III Living Trust 
Class A Common Stock 12/15/2021  S(1)  808 D$253.5562 (6)1161891 I By The Frederick Ernest Ehrsam III Living Trust 
Class A Common Stock 12/15/2021  S(1)  700 D$254.8662 (7)1161191 I By The Frederick Ernest Ehrsam III Living Trust 
Class A Common Stock 12/15/2021  S(1)  1000 D$255.9576 (8)1160191 I By The Frederick Ernest Ehrsam III Living Trust 
Class A Common Stock 12/15/2021  S(1)  1798 D$257.3408 (9)1158393 I By The Frederick Ernest Ehrsam III Living Trust 
Class A Common Stock 12/15/2021  S(1)  400 D$258.4913 (10)1157993 I By The Frederick Ernest Ehrsam III Living Trust 
Class A Common Stock 12/15/2021  S(1)  700 D$259.7645 (11)1157293 I By The Frederick Ernest Ehrsam III Living Trust 
Class A Common Stock 12/15/2021  S(1)  200 D$260.495 (12)1157093 I By The Frederick Ernest Ehrsam III Living Trust 
Class A Common Stock         2544755 I By Paradigm Fund, L.P. (13)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 1, 2021, during an open trading window.
(2) Represents the weighted average sale price. The lowest price at which shares were sold was $249.03 and the highest price at which shares were sold was $249.94. 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) to (12) to this Form 4.
(3) Represents the weighted average sale price. The lowest price at which shares were sold was $250.05 and the highest price at which shares were sold was $251.
(4) Represents the weighted average sale price. The lowest price at which shares were sold was $251.10 and the highest price at which shares were sold was $252.075.
(5) Represents the weighted average sale price. The lowest price at which shares were sold was $252.16 and the highest price at which shares were sold was $253.07.
(6) Represents the weighted average sale price. The lowest price at which shares were sold was $253.20 and the highest price at which shares were sold was $253.735.
(7) Represents the weighted average sale price. The lowest price at which shares were sold was $254.37 and the highest price at which shares were sold was $255.31.
(8) Represents the weighted average sale price. The lowest price at which shares were sold was $255.60 and the highest price at which shares were sold was $256.49.
(9) Represents the weighted average sale price. The lowest price at which shares were sold was $256.89 and the highest price at which shares were sold was $257.805.
(10) Represents the weighted average sale price. The lowest price at which shares were sold was $258.01 and the highest price at which shares were sold was $259.
(11) Represents the weighted average sale price. The lowest price at which shares were sold was $259.27 and the highest price at which shares were sold was $260.22.
(12) Represents the weighted average sale price. The lowest price at which shares were sold was $260.33 and the highest price at which shares were sold was $260.66.
(13) These shares are held by Paradigm Fund L.P. Paradigm Fund GP LLC, the general partner of Paradigm Fund L.P., has sole voting and investment power with regard to the shares held by Paradigm Fund L.P. 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. Shares held by Paradigm Fund L.P. include shares that may be subsequently sold by each of the each of Frederick Ernest Ehrsam III Living Trust and Matt Huang following in-kind distributions of shares by such entity. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Ehrsam Frederick Ernest III
C/O COINBASE GLOBAL, INC.
NOT APPLICABLE, DE 
X



Signatures
/s/ Frederick Ernest Ehrsam III, by Jolie Yang, Attorney-in-Fact12/17/2021
**Signature of Reporting PersonDate

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