Skotdal Andrew P 5
5 · COASTAL FINANCIAL CORP · Filed Feb 12, 2021
Insider Transaction Report
Form 5
Skotdal Andrew P
Director
Transactions
- Other
Common Stock
2020-12-08+200,000→ 204,727 total - Gift
Common Stock
2020-12-08−201,200→ 3,527 total - Gift
Common Stock
2020-12-08+100,600→ 120,200 total(indirect: By Trust) - Gift
Common Stock
2020-12-08+100,600→ 120,200 total(indirect: By Trust)
Holdings
- 37,888(indirect: By Business entity, Corporation)
Common Stock
- 1,600(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Transfer from Business Entity, LLC to Individual Business Owners. In prior reports, the reporting person reported indirect beneficial ownership of 400,000 shares of CCB common stock held by Business entity, LLC.
- [F2]Includes restricted stock granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan, which vest as follows: 674 shares of common stock vest one day prior to the issuers 2021 Annual Shareholders' Meeting, 281 shares vest on February 3, 2022.
- [F3]This transaction involved a gift of securities by the reporting person to his child's trust, who shares reporting person's household. The reporting person disclaims beneficial ownership of the shares held by child's trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such trust's shares for purposes of Section 16 or for any other purpose.