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4//SEC Filing

EDWARDS JOEL G 4

Accession 0001437958-23-000038

CIK 0001437958other

View on SEC.gov Company Profile

Filed

Mar 13, 8:00 PM ET

Accepted

Mar 14, 3:25 PM ET

Size

14.5 KB

Accession

0001437958-23-000038

Insider Transaction Report

Form 4

Period: 2023-03-14

COASTAL FINANCIAL CORPCCB

Chief Financial Officer

Transactions

Exercise/Conversion
Stock Options
2023-03-14$6.25/sh−1,200$7,500→ 1,800 total
Exercise: $6.25From: 2017-02-24Exp: 2026-02-24→ Common Stock (1,200 underlying)
Exercise/Conversion
Common Stock
2023-03-14$5.50/sh+400$2,200→ 49,933 total
Exercise/Conversion
Common Stock
2023-03-14$7.20/sh+1,200$8,640→ 51,133 total
Exercise/Conversion
Common Stock
2023-03-14$6.25/sh+1,200$7,500→ 52,333 total
Exercise/Conversion
Stock Options
2023-03-14$5.50/sh−400$2,200→ 800 total
Exercise: $5.50From: 2015-03-18Exp: 2024-03-18→ Common Stock (400 underlying)
Exercise/Conversion
Stock Options
2023-03-14$7.20/sh−1,200$8,640→ 1,800 total
Exercise: $7.20From: 2016-07-01Exp: 2025-07-01→ Common Stock (1,200 underlying)

Footnotes (4)

[F1]Includes 13,359 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 3,137 RSUs vest in seven approximately equal remaining installments; 3,707 RSUs vest in three approximately equal remaining installments; 2,402 RSUs vest in approximately three equal installments; and 4,113 shares vest in four approximately equal installments. Each restricted stock unit represents the right to receive one share of common stock upon vesting.
[F2]Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in ten approximately equal installments commencing on March 18, 2015.
[F3]Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in ten approximately equal installments commencing on July 1, 2016.
[F4]Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in ten approximately equal installments commencing on February 24, 2017.

Documents

1 file

4
wf-form4_167882193797458.xmlPrimary
FORM 4

Issuer

COASTAL FINANCIAL CORP

CIK 0001437958

Entity typeother

Related Parties

1

filerCIK 0001260912

Filing Metadata

Form type: 4
Filed: Mar 13, 8:00 PM ET
Accepted: Mar 14, 3:25 PM ET
Size: 14.5 KB

View on SEC.gov