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 *

Armstrong Brian
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
__X__ Officer (give title below)    _____ Other (specify below)
Chairman and CEO
(Last)          (First)          (Middle)

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

11/18/2021
(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)

___ Form filed by One Reporting Person
_ X _ 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 11/30/2021  G(1)  V 271000 D$0 29358 I By The Brian Armstrong Living Trust 

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
Class B Common Stock  (2)11/18/2021  G (3)  V   2215422   (2) (2)Class A Common Stock 2215422.0 $0 0 I By The Brian Armstrong 2018 Grantor Retained Annuity Trust 
Class B Common Stock  (2)11/18/2021  G (3)  V   180747   (2) (2)Class A Common Stock 180747.0 $0 7546045 I By The Brian Armstrong 2020 Grantor Retained Annuity Trust 
Class B Common Stock  (2)11/18/2021  G (3)  V 250637     (2) (2)Class A Common Stock 250637.0 $0 25159766 I By The Brian Armstrong Living Trust 

Explanation of Responses:
(1) Reflects a bona fide charitable gift made by the Reporting Person.
(2) Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
(3) Reflects the transfer on November 18, 2021, of (i) 2,145,532 shares of Class B Common Stock from the Brian Armstrong 2018 Grantor Retained Annuity Trust ("2018 GRAT") to the Brian Armstrong 2018 Irrevocable Trust (ii) 69,890 shares of Class B Common Stock from the 2018 GRAT to the Brian Armstrong Living Trust and (iii) 180,747 shares of Class B Common Stock from the Brian Armstrong Grantor Retained Annuity Trust ("2020 GRAT") to the Brian Armstrong Living Trust in satisfaction of GRAT annuity payments owed to the reporting person. The GRAT annuity payments reflected on this Form were entered into in connection with the Reporting Person's long-term estate planning.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Armstrong Brian
C/O COINBASE GLOBAL, INC.
NOT APPLICABLE, DE 
XXChairman and CEO
Brian Armstrong Living Trust
C/O COINBASE GLOBAL, INC.
NOT APPLICABLE, DE 

X


Signatures
/s/ Brian Armstrong, by Jolie Yang, Attorney-in-Fact12/2/2021
**Signature of Reporting PersonDate

/s/ The Brian Armstrong Living Trust, by Jolie Yang, Attorney-in-Fact12/2/2021
**Signature of Reporting PersonDate

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