Andrew P. Skotdal - 12 Dec 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
12 Dec 2022
Net transactions value
-$198,536
Form type
4
Filing time
13 Dec 2022, 18:54:04 UTC
Previous filing
26 May 2022
Next filing
13 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCB Common Stock Sale $49,088 -942 -2.5% $52.11 36,946 12 Dec 2022 By Business entity, Corporation F1
transaction CCB Common Stock Sale $149,448 -2,874 -7.8% $52.00 34,072 13 Dec 2022 By Business entity, Corporation F1
holding CCB Common Stock 1,710 12 Dec 2022 Direct F2
holding CCB Common Stock 125,434 12 Dec 2022 By CS Trust F3
holding CCB Common Stock 120,682 12 Dec 2022 By LS Trust F3
holding CCB Common Stock 24,691 12 Dec 2022 By LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is the Secretary/Treasurer with share ownership of 16.5%.
F2 Includes restricted stock granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan which vests as follows: 939 shares of common stock vest one day prior to the issuer's 2023 Annual Shareholder Meeting.
F3 The reporting person disclaims beneficial ownership of the shares held by the 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.