4//SEC Filing
Culp Michael 4
Accession 0001437958-24-000043
CIK 0001437958other
Filed
Feb 28, 7:00 PM ET
Accepted
Feb 29, 6:11 PM ET
Size
7.3 KB
Accession
0001437958-24-000043
Insider Transaction Report
Form 4
Culp Michael
Chief Revenue Officer
Transactions
- Exercise/Conversion
Stock Options
2024-02-27$5.50/sh−1,000$5,500→ 0 totalExercise: $5.50From: 2015-03-18Exp: 2024-03-18→ Common Stock (1,000 underlying) - Exercise/Conversion
Common Stock
2024-02-27$5.50/sh+1,000$5,500→ 20,100 total
Footnotes (2)
- [F1]Includes 16,235 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 467 RSUs vest in six approximately equal remaining annual installments; 1,868 RSUs vest in three approximately equal remaining annual installments; 2,404 RSUs vest in approximately four equal annual installments; 1,496 shares vest in approximately two equal remaining installments; 5,000 shares vest 7/26/27; and 5,000 shares vest on 1/26/30. 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.
Documents
Issuer
COASTAL FINANCIAL CORP
CIK 0001437958
Entity typeother
Related Parties
1- filerCIK 0002006697
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Feb 29, 6:11 PM ET
- Size
- 7.3 KB