Sand Jonathan E 4
4 · COASTAL FINANCIAL CORP · Filed Jan 9, 2024
Insider Transaction Report
Form 4
Sand Jonathan E
EVP, Chief Credit Officer
Transactions
- Exercise/Conversion
Common Stock
2024-01-05$5.50/sh+400$2,200→ 17,992 total - Exercise/Conversion
Stock Options
2024-01-05$5.50/sh−400$2,200→ 0 totalExercise: $5.50From: 2015-03-18Exp: 2024-03-18→ Common Stock (400 underlying)
Footnotes (2)
- [F1]Includes 5,403 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 726 RSUs vest in seven approximately equal remaining annual installments; 2,695 RSUs vest in three approximately equal remaining annual installments; 1,982 RSUs vest in approximately four equal remaining annual 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.