EDWARDS JOEL G 4
4 · COASTAL FINANCIAL CORP · Filed Mar 12, 2024
Insider Transaction Report
Form 4
EDWARDS JOEL G
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2024-03-12$5.50/sh+800$4,400→ 57,403 total - Exercise/Conversion
Stock Options
2024-03-12−800→ 0 totalExercise: $5.50From: 2015-03-18Exp: 2024-03-18→ Common Stock (800 underlying)
Footnotes (2)
- [F1]Includes 14,116 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan, 4,072 of which vest in two approximately equal annual installments; 3,085 of which vest in three approximately equal annual installments; 4,270 of which vest in four approximately equal installments; and 2,689 that vest in six 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.