Culp Michael 4
4 · COASTAL FINANCIAL CORP · Filed Feb 4, 2025
Insider Transaction Report
Form 4
Culp Michael
Chief Revenue Officer
Transactions
- Tax Payment
Common Stock
2025-02-03$88.40/sh−24$2,122→ 19,643 total
Footnotes (2)
- [F1]Represents shares withheld in payment of withholding taxes upon partial vesting of RSUs granted 02/03/2020.
- [F2]Includes 14,787 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corp. 2018 Omnibus Incentive Plan. 389 of the RSUs vest in approximately five 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.