Filing Details

Accession Number:
0001437958-23-000041
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-14 15:32:58
Reporting Period:
2023-03-14
Accepted Time:
2023-03-14 15:32:58
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 2023-03-14 1,000 $36.25 1,000 No 4 P Indirect By MS Marital Trust
Common Stock Acquisiton 2023-03-14 1,000 $38.50 1,000 No 4 P Indirect By Spouse IRA
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By MS Marital Trust
No 4 P Indirect By Spouse IRA
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,710 Direct
Common Stock 125,434 Indirect By CS Trust
Common Stock 34,072 Indirect By Business entity, Corporation
Common Stock 120,682 Indirect By LS Trust
Common Stock 24,691 Indirect By LLC
Footnotes
  1. Includes restricted stock granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan which vests as follows: 939 shares of common stock vest one day prior to the issuer's 2023 Annual Shareholder Meeting.
  2. The reporting person disclaims beneficial ownership of the shares held by the 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.
  3. The reporting person is the Secretary/Treasurer with share ownership of 16.5%.