Filing Details

Accession Number:
0001437749-21-028999
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-12-20 19:36:34
Reporting Period:
2021-12-17
Accepted Time:
2021-12-20 19:36:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1437958 Coastal Financial Corp CCB State Commercial Banks (6022) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1745587 P Andrew Skotdal C/O 5415 Evergreen Way
Everett WA 98203
Yes No 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 Acquisiton 2021-12-17 24,691 $40.50 24,691 No 4 P Indirect By LLC
Common Stock Disposition 2021-08-13 3,634 $29.55 771 No 5 G Direct
Common Stock Acquisiton 2021-08-13 5,234 $29.55 125,434 No 5 G Indirect By CS Trust
Common Stock Disposition 2021-08-13 1,600 $29.55 0 No 5 G Indirect By Spouse
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By LLC
No 5 G Direct
No 5 G Indirect By CS Trust
No 5 G Indirect By Spouse
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 120,200 Indirect By LS Trust
Common Stock 37,888 Indirect By Business entity, Corporation
Footnotes
  1. These shares were purchased from issuer in an underwritten public stock offering.
  2. Includes restricted stock granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan which vest as follows: 490 shares of common stock vest one day prior to the issuer's 2022 Annual Shareholder Meeting, and 281 shares of common stock vest February 4, 2022.
  3. The reporting person disclaims beneficial ownership of the shares held by child's trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such trust's shares for purposes of Section 16 or for any other purpose.
  4. The reporting person is the Secretary/Treasurer with share ownership of 16.5%.