Filing Details
- Accession Number:
- 0001437749-22-021110
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-08-22 14:34:08
- Reporting Period:
- 2022-08-03
- Accepted Time:
- 2022-08-22 14:34:08
- 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 |
---|---|---|---|---|---|---|---|
1743785 | A Russ Keithley | C/O 5415 Evergreen Way Everett WA 98203 | Chief Banking Officer | No | 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 | 2022-08-03 | 3,647 | $40.87 | 0 | No | 5 | S | Indirect | by 401(k) |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 5 | S | Indirect | by 401(k) |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 9,705 | Direct |
Footnotes
- Coastal Financial Corporation ("Coastal") previously eliminated the unitized stock fund related to shares of Coastal common stock as an investment alternative available under Coastal's 401(k) plan. Effective August 3, 2022, the 3,647 shares of Coastal common stock the reporting person previously reported as beneficially owned under the plan were liquidated.
- Includes 8,200 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 2,776 RSUs vest in eight approximately equal remaining installments; 3,247 RSUs vest in four approximately equal remaining installments; and 2,177 RSUs vest in four approximately equal installments. Each restricted stock unit represents the right to receive one share of common stock upon vesting.