Jonathan E. Sand - 01 Jan 2024 Form 3 Insider Report for COASTAL FINANCIAL CORP (CCB)

Role: EVP, Chief Credit 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, 16:16:32 UTC
Next filing: 09 Jan 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						17,592	01 Jan 2024	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
holding	CCB	Stock Options							01 Jan 2024	Common Stock	400	$5.50	Direct	F2
holding	CCB	Stock Options							01 Jan 2024	Common Stock	600	$7.20	Direct	F3
holding	CCB	Stock Options							01 Jan 2024	Common Stock	600	$6.25	Direct	F4
holding	CCB	Stock Options							01 Jan 2024	Common Stock	800	$6.50	Direct	F5
holding	CCB	Stock Options							01 Jan 2024	Common Stock	1,000	$7.10	Direct	F6
holding	CCB	Stock Options							01 Jan 2024	Common Stock	2,000	$14.91	Direct	F7

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

Explanation of Responses:

Id	Content
F1	Includes 5,403 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 726 RSUs vest in seven approximately equal remaining annual installments; 2,695 RSUs vest in three approximately equal remaining annual installments; 1,982 RSUs vest in approximately four equal remaining annual installments. Each restricted stock unit represents the right to receive one share of common stock upon vesting.
F2	Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in ten approximately equal installments commencing on March 18, 2015.
F3	Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in ten approximately equal installments commencing on July 1, 2016.
F4	Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in ten approximately equal installments commencing on February 24, 2017.
F5	Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in ten approximately equal installments commencing on January 26, 2018.
F6	Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in ten approximately equal installments commencing on January 22, 2019.
F7	Stock options granted pursuant to the 2018 Coastal Financial Corporation Omnibus Incentive Plan vest in ten approximately equal installments commencing on January 22, 2020.