Andrew P. Skotdal - 29 Apr 2022 Form 4 Insider Report for COASTAL FINANCIAL CORP (CCB)

Role
Director
Signature
/s/ Melisa Nelson, as Attorney-in-fact
Issuer symbol
CCB
Transactions as of
29 Apr 2022
Net transactions value
+$20,094
Form type
4
Filing time
02 May 2022, 12:52:08 UTC
Previous filing
20 Dec 2021
Next filing
26 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCB Common Stock Purchase $20,094 +482 +0.4% $41.69 120,682 29 Apr 2022 By LS Trust F2
holding CCB Common Stock 125,434 29 Apr 2022 By CS Trust F2
holding CCB Common Stock 37,888 29 Apr 2022 By Business entity, Corporation F3
holding CCB Common Stock 771 29 Apr 2022 Direct F1
holding CCB Common Stock 24,691 29 Apr 2022 By LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan which vest as follows: 490 shares of common stock vest one day prior to the issuer's 2022 Annual Shareholder Meeting.
F2 The reporting person disclaims beneficial ownership of the shares held by child's trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such trust's shares for purposes of Section 16 or for any other purpose.
F3 The reporting person is the Secretary/Treasurer with share ownership of 16.5%.