Andrew G. Stines - 01 Jan 2024 Form 3 Insider Report for COASTAL FINANCIAL CORP (CCB)

Role: EVP, Chief Risk Officer
Signature: /s/ Melisa Nelson, as Attorney-in-fact
Issuer symbol: CCB
Transactions as of: 01 Jan 2024
Net transactions value: $0
Form type: 3
Filing time: 05 Jan 2024, 15:54:59 UTC
Next filing: 07 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CCB	Common Stock						6,388	01 Jan 2024	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Includes 6,388 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan, 3,907 of which vest in three approximately equal annual installments; and 2,481 of which vest in four approximately equal annual installments. Each restricted stock unit represents the right to receive one share of common stock upon vesting. Also includes 2,500 shares of restricted awards that vest in five approximately equal remaining annual installments.

Content

Includes 6,388 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan, 3,907 of which vest in three approximately equal annual installments; and 2,481 of which vest in four approximately equal annual installments. Each restricted stock unit represents the right to receive one share of common stock upon vesting. Also includes 2,500 shares of restricted awards that vest in five approximately equal remaining annual installments.