Home/Filings/4/0001437749-22-021110
4//SEC Filing

Keithley Russ A 4

Accession 0001437749-22-021110

CIK 0001437958other

Filed

Aug 21, 8:00 PM ET

Accepted

Aug 22, 2:34 PM ET

Size

5.7 KB

Accession

0001437749-22-021110

Insider Transaction Report

Form 4
Period: 2022-08-03
Keithley Russ A
Chief Banking Officer
Transactions
  • Sale

    Common Stock

    2022-08-03$40.87/sh3,647$149,0530 total(indirect: By 401(k))
Holdings
  • Common Stock

    9,705
Footnotes (2)
  • [F1]Coastal Financial Corporation ("Coastal") previously eliminated the unitized stock fund related to shares of Coastal common stock as an investment alternative available under Coastal's 401(k) plan. Effective August 3, 2022, the 3,647 shares of Coastal common stock the reporting person previously reported as beneficially owned under the plan were liquidated.
  • [F2]Includes 8,200 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 2,776 RSUs vest in eight approximately equal remaining installments; 3,247 RSUs vest in four approximately equal remaining installments; and 2,177 RSUs vest in four approximately equal installments. Each restricted stock unit represents the right to receive one share of common stock upon vesting.

Issuer

COASTAL FINANCIAL CORP

CIK 0001437958

Entity typeother

Related Parties

1
  • filerCIK 0001743785

Filing Metadata

Form type
4
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 2:34 PM ET
Size
5.7 KB