John J. Dickson - Mar 2, 2023 Form 4 Insider Report for COASTAL FINANCIAL CORP (CCB)

Role: Chief Operating Officer
Signature: /s/ Melisa Nelson, as Attorney-in-fact
Stock symbol: CCB
Transactions as of: Mar 2, 2023
Transactions value $: -$47,439
Form type: 4
Date filed: 3/2/2023, 05:17 PM
Previous filing: Nov 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCB	Common Stock	Options Exercise	$2.88K	+400	+1.29%	$7.20^*	31.3K	Mar 2, 2023	Direct	F1
transaction	CCB	Common Stock	Options Exercise	$2.5K	+400	+1.28%	$6.25^*	31.7K	Mar 2, 2023	Direct	F1
transaction	CCB	Common Stock	Options Exercise	$2.6K	+400	+1.26%	$6.50^*	32.1K	Mar 2, 2023	Direct	F1
transaction	CCB	Common Stock	Options Exercise	$2.84K	+400	+1.25%	$7.10^*	32.5K	Mar 2, 2023	Direct	F1
transaction	CCB	Common Stock	Options Exercise	$9.69K	+650	+2%	$14.91	33.1K	Mar 2, 2023	Direct	F1
transaction	CCB	Common Stock	Gift	-$68K	-1.5K	-4.53%	$45.30	31.6K	Mar 2, 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CCB	Stock Options	Options Exercise	$0	-400	-25%	$0.00	1.2K	Mar 2, 2023	Common Stock	400	$7.20	Direct	F2
transaction	CCB	Stock Options	Options Exercise	$0	-400	-25%	$0.00	1.2K	Mar 2, 2023	Common Stock	400	$6.25	Direct	F3
transaction	CCB	Stock Options	Options Exercise	$0	-400	-20%	$0.00	1.6K	Mar 2, 2023	Common Stock	400	$6.50	Direct	F4
transaction	CCB	Stock Options	Options Exercise	$0	-400	-16.67%	$0.00	2K	Mar 2, 2023	Common Stock	400	$7.10	Direct	F5
transaction	CCB	Stock Options	Options Exercise	$0	-650	-14.29%	$0.00	3.9K	Mar 2, 2023	Common Stock	650	$14.91	Direct	F6

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

Explanation of Responses:

Id	Content
F1	Includes 6,671 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan: 2,603 RSUs vest in seven approximately equal remaining installments; 2,435 RSUs vest in three approximately equal remaining installments; and 1,633 RSUs vest in three approximately equal installments. Each RSU represents the right to receive one share of common stock upon vesting.
F2	Stock options granted pursuant to the Coastal Financial Corp 2006 Stock Options and Equity Plan vest in ten approximately equal installments commencing on July 1, 2016.
F3	Stock options granted pursuant to the Coastal Financial Corp 2006 Stock Options and Equity Plan vest in ten approximately equal installments commencing on February 24, 2017.
F4	Stock options granted pursuant to the Coastal Financial Corporation 2006 Stock Option and Equity Plan vest in ten approximately equal installments commencing on January 26, 2018.
F5	Stock options granted pursuant to the Coastal Financial Corp 2006 Stock Options and Equity Plan vest in ten approximately equal installments commencing on January 22, 2019.
F6	Stock options granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan vest in ten approximately equal installments commencing on January 22, 2020.