Filing Details
- Accession Number:
- 0001437958-24-000025
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-02-07 16:04:51
- Reporting Period:
- 2024-02-05
- Accepted Time:
- 2024-02-07 16:04:51
- 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 |
---|---|---|---|---|---|---|---|
2006373 | G Andrew Stines | 5415 Evergreen Way Everett WA 98203 | Evp, Chief Risk 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 | Acquisiton | 2024-02-05 | 2,784 | $0.00 | 15,232 | No | 4 | A | Direct | |
Common Stock | Disposition | 2024-02-05 | 790 | $38.00 | 14,442 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | S | Direct |
Footnotes
- Represents award of time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. The RSUs vest in four approximately equal installments commencing on February 5, 2025. Each restricted stock unit represents the right to receive one share of common stock upon vesting.
- Represents shares sold to cover tax liability for vesting RSUs.
- Includes 7,250 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan, 2,784 of which vest in four approximately equal annual installments; 1,861 of which vest in three approximately equal annual installments; and 2,605 of which vest in two approximately equal annual installments. Each restricted stock unit represents the right to receive one share of common stock upon vesting. Also includes 2,000 shares of restricted awards that vest in four approximately equal remaining annual installments.