Jonathan E. Sand - 11 Nov 2024 Form 4 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: 11 Nov 2024
Net transactions value: -$74,150
Form type: 4
Filing time: 12 Nov 2024, 18:12:38 UTC
Previous filing: 29 Feb 2024
Next filing: 07 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCB	Common Stock	Sale	$74,150	-1,000	-4.9%	$74.15	19,611	11 Nov 2024	Direct	F1

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

Explanation of Responses:

Id	Content
F1	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 approximately three equal remaining annual installments; and 1,797 shares vest in approximately two equal remaining installments . Each restricted stock unit represents the right to receive one share of common stock upon vesting.

Content

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 approximately three equal remaining annual installments; and 1,797 shares vest in approximately two equal remaining installments . Each restricted stock unit represents the right to receive one share of common stock upon vesting.