JOHN J. DICKSON - 02 Mar 2023 Form 4 Insider Report for COASTAL FINANCIAL CORP (CCB)

Role
Chief Operating Officer
Signature
/s/ Melisa Nelson, as Attorney-in-fact
Issuer symbol
CCB
Transactions as of
02 Mar 2023
Net transactions value
-$47,438
Form type
4
Filing time
02 Mar 2023, 17:17:44 UTC
Previous filing
22 Nov 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 Options Exercise $2,880 +400 +1.3% $7.20* 31,299 02 Mar 2023 Direct F1
transaction CCB Common Stock Options Exercise $2,500 +400 +1.3% $6.25* 31,699 02 Mar 2023 Direct F1
transaction CCB Common Stock Options Exercise $2,600 +400 +1.3% $6.50* 32,099 02 Mar 2023 Direct F1
transaction CCB Common Stock Options Exercise $2,840 +400 +1.2% $7.10* 32,499 02 Mar 2023 Direct F1
transaction CCB Common Stock Options Exercise $9,692 +650 +2% $14.91 33,149 02 Mar 2023 Direct F1
transaction CCB Common Stock Gift $67,950 -1,500 -4.5% $45.30 31,649 02 Mar 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% $0.000000 1,200 02 Mar 2023 Common Stock 400 $7.20 Direct F2
transaction CCB Stock Options Options Exercise $0 -400 -25% $0.000000 1,200 02 Mar 2023 Common Stock 400 $6.25 Direct F3
transaction CCB Stock Options Options Exercise $0 -400 -20% $0.000000 1,600 02 Mar 2023 Common Stock 400 $6.50 Direct F4
transaction CCB Stock Options Options Exercise $0 -400 -17% $0.000000 2,000 02 Mar 2023 Common Stock 400 $7.10 Direct F5
transaction CCB Stock Options Options Exercise $0 -650 -14% $0.000000 3,900 02 Mar 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.