Filing Details
- Accession Number:
- 0001437958-24-000035
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-02-07 16:13:00
- Reporting Period:
- 2024-02-05
- Accepted Time:
- 2024-02-07 16:13:00
- 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 |
---|---|---|---|---|---|---|---|
2005906 | M Tarah Herger | 5415 Evergreen Way Everett WA 98203 | Evp, Division Manager | 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 | 1,630 | $0.00 | 15,154 | No | 4 | A | Direct | |
Common Stock | Disposition | 2024-02-05 | 229 | $38.00 | 14,925 | No | 4 | S | Direct | |
Common Stock | Disposition | 2024-02-06 | 17 | $38.08 | 14,908 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | S | 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 the tax liability on vesting RSUs.
- Includes 13,738 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 311 RSUs vest in six approximately equal remaining annual installments; 630 vest in two approximately equal remaining installments; 1,167 RSUs vest in approximately three equal remaining annual installments; 1,630 RSUs vest in four approximately equal remaining annual installments; 5,000 shares vest on July 26, 2027; 5,000 shares vest on January 26, 2030. Each restricted stock unit represents the right to receive one share of common stock upon vesting.