Home/Filings/4/0001437958-25-000050
4//SEC Filing

Sand Jonathan E 4

Accession 0001437958-25-000050

CIK 0001437958other

Filed

Feb 6, 7:00 PM ET

Accepted

Feb 7, 5:45 PM ET

Size

19.8 KB

Accession

0001437958-25-000050

Insider Transaction Report

Form 4
Period: 2025-02-05
Sand Jonathan E
EVP, Chief Credit Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2025-02-06$14.91/sh+1,200$17,89221,703 total
  • Exercise/Conversion

    Common Stock

    2025-02-06$7.20/sh+200$1,44022,303 total
  • Exercise/Conversion

    Stock Options

    2025-02-061,200800 total
    Exercise: $14.91From: 2020-01-22Exp: 2029-01-22Common Stock (1,200 underlying)
  • Exercise/Conversion

    Stock Options

    2025-02-06200400 total
    Exercise: $6.50From: 2018-01-26Exp: 2027-01-26Common Stock (200 underlying)
  • Exercise/Conversion

    Common Stock

    2025-02-06$6.50/sh+200$1,30022,103 total
  • Exercise/Conversion

    Stock Options

    2025-02-06200200 total
    Exercise: $7.20From: 2016-07-01Exp: 2025-07-01Common Stock (200 underlying)
  • Award

    Common Stock

    2025-02-05+89220,503 total
  • Exercise/Conversion

    Stock Options

    2025-02-06200600 total
    Exercise: $7.10From: 2019-01-22Exp: 2028-01-22Common Stock (200 underlying)
  • Exercise/Conversion

    Common Stock

    2025-02-06$7.10/sh+200$1,42021,903 total
Footnotes (6)
  • [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 6,059 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 518 RSUs vest in five approximately equal remaining annual installments; 892 RSUs vest in four approximately equal remaining annual installments;2,852 RSUs vest in approximately three equal remaining annual installments; and 1,797 shares vest in approximately two equal remaining installments . Each restricted stock unit represents the right to receive one share of common stock upon vesting.
  • [F3]Stock options granted pursuant to the 2018 Coastal Financial Corporation Omnibus Incentive Plan vest in ten approximately equal installments commencing on July 1, 2016.
  • [F4]Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in ten approximately equal installments commencing on January 22, 2019.
  • [F5]Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in ten approximately equal installments commencing on January 26, 2018.
  • [F6]Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in ten approximately equal installments commencing on July 1, 2016.

Issuer

COASTAL FINANCIAL CORP

CIK 0001437958

Entity typeother

Related Parties

1
  • filerCIK 0002005908

Filing Metadata

Form type
4
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 5:45 PM ET
Size
19.8 KB