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Compensation at Coinbase

Vesting Schedule

25%

25%

25%

25%

YR 1

YR 2

YR 3

YR 4

100%

YR 1

Stock Type

RSU

At Coinbase, RSUs are subject to a 4-year vesting schedule: 25% vests at the end of the 1st year (cliff), then 25% in each of the 2nd, 3rd and 4th years (6.25% every 3 months). Alternatively, Coinbase also has the following 1-year vesting schedule: 100% vests in each year (25% every 3 months).

Alternatively, Coinbase has now begun issuing single year vesting schedules.

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