Filing Details
- Accession Number:
- 0001437749-21-000654
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-01-13 16:26:50
- Reporting Period:
- 2020-12-28
- Accepted Time:
- 2021-01-13 16:26:50
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1437958 | Coastal Financial Corp | CCB | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1299647 | M Eric Sprink | C/O 5415 Evergreen Way Everett WA 98203 | President & Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2020-12-28 | 4,691 | $21.61 | 0 | No | 4 | S | Indirect | By 401(k) |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | By 401(k) |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 32,762 | Direct | |
Common Stock | 400 | Indirect | By custodian for child 1 |
Common Stock | 400 | Indirect | By custodian for child 2 |
Common Stock | 400 | Indirect | By custodian for child 3 |
Footnotes
- Relates to an inadvertent sale of common stock by the Administrator of the Coastal Community Bank 401(k) Plan, resulting from an administrative oversight.
- This Form reflects increases/decreases in beneficial ownership resulting from unit accounting procedures currently in use by the Administrator of the Coastal Community Bank 401(k) Plan. The Coastal Community Bank Employee 401(k) Plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Coastal Financial Corporation.
- Includes 18,636 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. The RSUs vest in ten approximately equal installments commencing on February 3, 2021. Each restricted stock unit represents the right to receive one share of common stock upon vesting.