Filing Details
- Accession Number:
- 0001437958-24-000125
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-09-26 16:55:43
- Reporting Period:
- 2024-09-24
- Accepted Time:
- 2024-09-26 16:55:43
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1437958 | Coastal Financial Corp | CCB | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1299647 | M Eric Sprink | C/O 5415 Evergreen Way Everett WA 98203 | Ceo | Yes | 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 | 2024-09-24 | 1,000 | $51.56 | 312,689 | No | 4 | S | Direct | |
Common Stock | Disposition | 2024-09-25 | 3,103 | $51.93 | 309,586 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2024-09-26 | 4,103 | $14.91 | 313,689 | No | 4 | M | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Options | Disposition | 2024-09-26 | 4,103 | $0.00 | 4,103 | $14.91 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
21,965 | 2020-01-22 | 2029-01-22 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 400 | Indirect | By Custodian for Child 1 |
Common Stock | 400 | Indirect | By Custodian for Child 2 |
Common Stock | 400 | Indirect | By Custodian for Child 3 |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- Includes 50,253 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 11,182 of the RSUs vest in six approximately equal remaining installments; 13,376 of the RSUs vest in four approximately equal remaining installments; 12,549 of the RSUs vest in approximately three equal remaining installments; and 13,146 of the RSUs vest in approximately two equal remaining installments. Also includes 100,000 shares of performance-based restricted stock units that vest on October 4, 2027, the quantity of which is dependent upon achievement of specified performance goals. Each restricted stock unit represents the right to receive one share of common stock upon vesting.
- Stock options granted pursuant to the Coastal Financial Corp. 2018 Omnibus Incentive Plan vest in ten approximately equal installments commencing on January 22, 2020.