Andrew G. Stines - 06 Feb 2025 Form 4 Insider Report for COASTAL FINANCIAL CORP (CCB)

Signature
/s/ Melisa Nelson, as Attorney-in-fact
Issuer symbol
CCB
Transactions as of
06 Feb 2025
Net transactions value
$0
Form type
4
Filing time
07 Feb 2025, 17:43:51 UTC
Previous filing
07 May 2024
Next filing
03 Dec 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCB Common Stock Award $0 +1,016 +9.1% $0.000000 12,219 06 Feb 2025 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, 2026. Each restricted stock unit represents the right to receive one share of common stock upon vesting.
F2 Includes 7,570 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan, 1,016 of which vest in four approximately equal annual installments; 3,949 of which vest in three approximately equal annual installments; 2,605 of which vest in two approximately equal annual installments. Each restricted stock unit represents the right to receive one share of common stock upon vesting. Also includes 1,500 shares of restricted awards that vest in three approximately equal remaining annual installments.