Indore Investment:Coinbase CEO Brian Armstrong owns close to $14 billion of company stock ahead of market debut

Coinbase CEO Brian Armstrong owns close to $14 billion of company stock ahead of market debut

“Because we are a founder-led company, actions by, or unfavorable publicity about, Brian Armstrong, our co-founder and Chief Executive Officer, may adversely impact our brand and reputation,” the filing says. “Such negative publicity also could have an adverse effect on the size and engagement of our customers and could result in decreased revenue, which could have an adverse effect on our business, operating results, and financial condition.”Indore Investment

Armstrong is heavily incentivized to keep the momentum goingJaipur Stock. He was paid a salary of $1 million last year, though his total compensation topped $59 million with all his option awards.Jaipur Investment

In August, Armstrong was granted a multibillion-dollar performance award, giving him the ability to purchase 9.29 million options at $23.46 over 10 years. The awards are all based on the company❼stock trading at a certain price for 60 daysVaranasi Investment. Based on the private market price, roughly three-quarters of the award will vest in short order. The highest tranche vests at $400.Mumbai Investment

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