4//SEC Filing
Hamilton Brian T 4
Accession 0001437958-25-000048
CIK 0001437958other
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 5:44 PM ET
Size
5.8 KB
Accession
0001437958-25-000048
Insider Transaction Report
Form 4
Hamilton Brian T
DirectorPresident of CCBX
Transactions
- Award
Common Stock
2025-02-06+669→ 102,703 total
Footnotes (2)
- [F1]Represents award of time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. The RSUs vest in four approximately equal installments commencing on February 5, 2026. Each restricted stock unit represents the right to receive one share of common stock upon vesting.
- [F2]Includes the following pursuant to the 2018 Coastal Financial Corporation Omnibus Incentive Plan: (1) 25,000 restricted stock units (RSUs) which vest over a 43-month period, with 16.28% vesting on April 30, 2025 and 2.3256% vesting each month thereafter (2) Includes 2,034 shares of RSUs which vests one day prior to the issuer's 2025 Annual Shareholder Meeting (3) Includes 60,000 performance-based RSUs which 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.(4) 15,000 performance-based RSUs - 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. (5) 669 RSUs that vest in four approximately even remaining installments. Each RSU represents the right to receive one share of common stock upon vesting.
Documents
Issuer
COASTAL FINANCIAL CORP
CIK 0001437958
Entity typeother
Related Parties
1- filerCIK 0002005790
Filing Metadata
- Form type
- 4
- Filed
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 5:44 PM ET
- Size
- 5.8 KB