Andrew R. Dale - Sep 10, 2021 Form 4 Insider Report for COASTAL FINANCIAL CORP (CCB)

Role: Former Director
Signature: /s/ Melisa Nelson, as Attorney-in-fact
Stock symbol: CCB
Transactions as of: Sep 10, 2021
Transactions value $: -$368,750
Form type: 4
Date filed: 9/13/2021, 08:00 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCB	Common Stock	Sale	-$369K	-12.5K	-20.65%	$29.50	48K	Sep 10, 2021	Direct
holding	CCB	Common Stock						74.2K	Sep 10, 2021	By Montlake Capital, LLC	F1
holding	CCB	Common Stock						54	Sep 10, 2021	By Montlake Capital Advisor II, LLC	F1

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

Andrew R. Dale is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Mr. Dale is the Managing Director of Montlake Capital LLC, which holds all of the capital and voting interests in Montlake Capital Advisor II LLC, which owns 54 shares of common stock. Montlake Capital LLC owns 74,156 shares of common stock. Mr. Dale disclaims beneficial ownership of such shares held by Montlake Capital LLC and Montlake Capital Advisor II LLC, except to the extent of his pecuniary interest therein.

Content

Mr. Dale is the Managing Director of Montlake Capital LLC, which holds all of the capital and voting interests in Montlake Capital Advisor II LLC, which owns 54 shares of common stock. Montlake Capital LLC owns 74,156 shares of common stock. Mr. Dale disclaims beneficial ownership of such shares held by Montlake Capital LLC and Montlake Capital Advisor II LLC, except to the extent of his pecuniary interest therein.