Russ A. Keithley - Jan 25, 2022 Form 4 Insider Report for COASTAL FINANCIAL CORP (CCB)

Signature
/s/ Melisa Nelson, as Attorney-in-fact
Stock symbol
CCB
Transactions as of
Jan 25, 2022
Transactions value $
$0
Form type
4
Date filed
1/27/2022, 07:03 PM
Previous filing
Jan 27, 2022
Next filing
Aug 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCB Common Stock Award $0 +2.18K +28.92% $0.00 9.71K Jan 25, 2022 Direct F1, F2
holding CCB Common Stock 3.65K Jan 25, 2022 by 401(k)
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents award of time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corp. 2018 Omnibus Incentive Plan. The RSUs vest in four approximately equal installments commencing on January 25, 2023. Each restricted stock unit represents the right to receive one share of common stock upon vesting.
F2 Includes 8,547 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 3,123 RSUs vest in nine approximately equal remaining installments; 3,247 RSUs vest in four approximately equal remaining installments; and 2,177 RSUs vest in four approximately equal installments. Each restricted stock unit represents the right to receive one share of common stock upon vesting.