Jonathan E. Sand - Feb 5, 2024 Form 4 Insider Report for COASTAL FINANCIAL CORP (CCB)

Signature
/s/ Melisa Nelson, as Attorney-in-fact
Stock symbol
CCB
Transactions as of
Feb 5, 2024
Transactions value $
$0
Form type
4
Date filed
2/7/2024, 04:06 PM
Previous filing
Jan 9, 2024
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCB Common Stock Award $0 +1.82K +10.11% $0.00 19.8K Feb 5, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents award of time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. The RSUs vest in four approximately equal installments commencing on February 5, 2025. Each restricted stock unit represents the right to receive one share of common stock upon vesting.
F2 Includes 5,725 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 622 RSUs vest in six approximately equal remaining annual installments; 1,819 RSUs vest in four approximately equal remaining annual installments; 1,487 RSUs vest in three approximately equal remaining annual installments; 1,797 RSUs vest in approximately two equal remaining annual installments. Each restricted stock unit represents the right to receive one share of common stock upon vesting.