Culp Michael 4
4 · COASTAL FINANCIAL CORP · Filed Jan 29, 2025
Insider Transaction Report
Form 4
Culp Michael
Chief Revenue Officer
Transactions
- Tax Payment
Common Stock
2025-01-27$84.38/sh−433$36,537→ 19,667 total
Footnotes (2)
- [F1]Represents shares withheld in payment of withholding taxes upon partial vesting of RSUs granted 1/25/2021, 1/25/2022, and 1/25/2023.
- [F2]Includes 14,865 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corp. 2018 Omnibus Incentive Plan. 467 of the RSUs vest in approximately six equal remaining installments; 2,404 of the RSUs vest in approximately four equal remaining installments; 1,245 vest in two approximately equal remaining installments; and 749 vest in one approximately 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.