Skotdal Andrew P 4
4 · COASTAL FINANCIAL CORP · Filed Dec 20, 2021
Insider Transaction Report
Form 4
Skotdal Andrew P
Director
Transactions
- Purchase
Common Stock
2021-12-17$40.50/sh+24,691$999,986→ 24,691 total(indirect: By LLC) - Gift
Common Stock
2021-08-13$29.55/sh−1,600$47,280→ 0 total(indirect: By Spouse) - Gift
Common Stock
2021-08-13$29.55/sh+5,234$154,665→ 125,434 total(indirect: By Trust) - Gift
Common Stock
2021-08-13$29.55/sh−3,634$107,385→ 771 total
Holdings
- 120,200(indirect: By Trust)
Common Stock
- 37,888(indirect: By Business entity, Corporation)
Common Stock
Footnotes (4)
- [F1]These shares were purchased from issuer in an underwritten public stock offering.
- [F2]Includes restricted stock granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan which vest as follows: 490 shares of common stock vest one day prior to the issuer's 2022 Annual Shareholder Meeting, and 281 shares of common stock vest February 4, 2022.
- [F3]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.
- [F4]The reporting person is the Secretary/Treasurer with share ownership of 16.5%.