Lee Daniel J 4
4 · COASTAL FINANCIAL CORP · Filed Nov 6, 2019
Insider Transaction Report
Form 4
Lee Daniel J
EVP & Chief Credit & Risk Off.
Transactions
- Purchase
Common Stock
2019-11-05$15.56/sh+1,600$24,896→ 1,600 total(indirect: By POA for Mother)
Holdings
- 25,000(indirect: By IRA)
Common Stock
- 42(indirect: By 401(k))
Common Stock
- 4,000(indirect: By Restricted Stock)
Common Stock
Footnotes (2)
- [F1]Restricted stock granted pursuant to the Coastal Financial Corp. 2018 Omnibus Incentive Plan vest in eight equal annual installments commencing on November 15, 2019.
- [F2]This form reflects increases/decreases in beneficial ownership resulting from unit accounting procedures currently in use by the Administrator of the Coastal Community Bank 401(k) Plan. The Coastal Community Bank Employee 401(k) Plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Coastal Financial Corporation common stock.