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Surojit Chatterjee to Retain 249,315 Shares of Coinbase Stock After Departing Company

Surojit Chatterjee, the former chief product officer at Coinbase, will officially leave the company on February 3rd after reportedly making an estimated $105 million in stock sales. 

According to disclosures filed with the Securities and Exchange Commission, Chatterjee will also retain 249,315 shares of Coinbase stock. At the time of publication, Coinbase stock was valued at $54.28 per share, by Google Finance. 

Chatterjee joined Coinbase from Google in February 2020 with a salary of just under $1 million per year. In recognition of Chatterjee's contributions to the company, Coinbase and Chatterjee have entered into a separation agreement that includes severance benefits and an advisory deal in which he will provide advisory services from Feb 4, through to Dec 31, 2023.

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