Thomas D. Lane - Dec 17, 2021 Form 4 Insider Report for COASTAL FINANCIAL CORP (CCB)

Role
Director
Signature
/s/ Joel Edwards, as Attorney-in-fact
Stock symbol
CCB
Transactions as of
Dec 17, 2021
Transactions value $
$299,984
Form type
4
Date filed
12/20/2021, 06:38 PM
Previous filing
May 25, 2021
Next filing
May 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCB Common Stock Gift -$2.14M -50K -42.23% $42.81 68.4K Dec 15, 2021 Direct F1
transaction CCB Common Stock Purchase $300K +7.41K +10.83% $40.50 75.8K Dec 17, 2021 Direct F1, F2
transaction CCB Common Stock Gift $2.14M +50K $42.81 50K Dec 15, 2021 Blind trust accounts
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan vest as follows: 490 shares of common stock vest one day prior to the issuer's 2022 Annual Shareholders' Meeting, and 281 shares of common stock vest on February 3, 2022.
F2 These shares were purchased from the issuer in an underwritten public stock offering.