4//SEC Filing
Hamilton Brian T 4
Accession 0001437958-24-000136
CIK 0001437958other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 7:39 PM ET
Size
8.7 KB
Accession
0001437958-24-000136
Insider Transaction Report
Form 4
Hamilton Brian T
DirectorPresident of CCBX
Transactions
- Award
Common Stock
2024-09-30+15,000→ 102,034 total - Award
Common Stock
2024-09-30+25,000→ 27,034 total - Award
Common Stock
2024-09-30+60,000→ 87,034 total
Footnotes (4)
- [F1]Represents 25,000 restricted stock units pursuant to the 2018 Coastal Financial Corporation Omnibus Incentive Plan which vest over a 43-month period, with 16.28% vesting on April 30, 2025 and 2.3256% vesting each month thereafter.
- [F2]Includes restricted stock granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan which vests as follows: 2,034 shares of common stock vest one day prior to the issuer's 2025 Annual Shareholder Meeting.
- [F3]Represents 60,000 performance-based restricted stock units pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. Up to 60,000 of the performance-based restricted stock units are eligible to vest on the first day of each month beginning October 1, 2024 until April 30, 2028, the quantity of which is subject to continuous employment and achievement of certain stock price conditions.
- [F4]Represents 15,000 performance-based restricted stock units pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 15,000 shares of performance-based restricted stock units are eligible to vest on April 30, 2028, subject to subject to continuous employment and achievement of return on equity that is at least 80% of company comparator peer group.
Documents
Issuer
COASTAL FINANCIAL CORP
CIK 0001437958
Entity typeother
Related Parties
1- filerCIK 0002005790
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 7:39 PM ET
- Size
- 8.7 KB