John J. Dickson - May 24, 2021 Form 4 Insider Report for COASTAL FINANCIAL CORP (CCB)

Role: Chief Operations Officer
Signature: /s/ Melisa Nelson, as Attorney-in-fact
Stock symbol: CCB
Transactions as of: May 24, 2021
Transactions value $: $19,832
Form type: 4
Date filed: 5/25/2021, 07:45 PM
Next filing: Nov 1, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCB	Common Stock	Options Exercise	$2.2K	+400	+1.23%	$5.50^*	33K	May 24, 2021	Direct	F1
transaction	CCB	Common Stock	Options Exercise	$2.5K	+400	+1.21%	$6.25^*	33.4K	May 24, 2021	Direct	F1
transaction	CCB	Common Stock	Options Exercise	$2.6K	+400	+1.2%	$6.50^*	33.8K	May 24, 2021	Direct	F1
transaction	CCB	Common Stock	Options Exercise	$2.84K	+400	+1.18%	$7.10^*	34.2K	May 24, 2021	Direct	F1
transaction	CCB	Common Stock	Options Exercise	$9.69K	+650	+1.9%	$14.91	34.8K	May 24, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CCB	Stock Options	Options Exercise	$0	-400	-25%	$0.00	1.2K	May 24, 2021	Common Stock	400	$5.50	Direct	F2
transaction	CCB	Stock Options	Options Exercise	$0	-400	-16.67%	$0.00	2K	May 24, 2021	Common Stock	400	$6.25	Direct	F3
transaction	CCB	Stock Options	Options Exercise	$0	-400	-14.29%	$0.00	2.4K	May 24, 2021	Common Stock	400	$6.50	Direct	F4
transaction	CCB	Stock Options	Options Exercise	$0	-400	-12.5%	$0.00	2.8K	May 24, 2021	Common Stock	400	$7.10	Direct	F5
transaction	CCB	Stock Options	Options Exercise	$0	-650	-10%	$0.00	5.85K	May 24, 2021	Common Stock	650	$14.91	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 7,405 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 3,347 RSUs vest in nine approximately equal installments, and 4,058 RSUs vest in five approximately equal installments. Each restricted stock unit represents the right to receive one share of common stock upon vesting.
F2	Stock options granted pursuant to the Coastal Financial Corp 2006 Stock Option and Equity Plan vest in ten approximately equal installments commencing on March 18, 2015.
F3	Stock options granted pursuant to the Coastal Financial Corp 2006 Stock Options and Equity Plan vest in ten approximately equal installments commencing on February 24, 2017.
F4	Stock options granted pursuant to the Coastal Financial Corp 2006 Stock Options and Equity Plan vest in ten approximately equal installments commencing on January 26, 2018.
F5	Stock options granted pursuant to the Coastal Financial Corp 2006 Stock Options and Equity Plan vest in ten approximately equal installments commencing on January 22, 2019.
F6	Stock options granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan vest in ten approximately equal installments commencing on January 22, 2020.