Dale Andrew R 4
4 · COASTAL FINANCIAL CORP · Filed Oct 28, 2020
Insider Transaction Report
Form 4
Dale Andrew R
Director
Transactions
- Award
Common Stock
2020-10-26+674→ 60,534 total
Holdings
- 54(indirect: By LLC)
Common Stock
- 74,156(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]Restricted Stock granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan, which vest according to footnote (2) below.
- [F2]Restricted stock granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan vest as follows: 674 shares of common stock vest one day prior to the issuer's 2021 Annual Shareholders' Meeting.
- [F3]Mr. Dale is the Managing Director of Montlake Capital LLC, which holds all of the capital and voting interests in Montlake Capital Advisor II LLC, which owns 54 shares of common stock. Montlake Capital LLC owns 74,156 shares of common stock. Mr. Dale disclaims beneficial ownership of such shares held by Montlake Capital LLC and Montlake Capital Advisor II LLC, except to the extent of his pecuniary interest therein.