4//SEC Filing
Sprink Eric M 4
Accession 0001437958-25-000096
CIK 0001437958other
Filed
May 28, 8:00 PM ET
Accepted
May 29, 1:18 PM ET
Size
16.2 KB
Accession
0001437958-25-000096
Insider Transaction Report
Form 4
Sprink Eric M
DirectorCEO
Transactions
- Exercise/Conversion
Stock Options
2025-05-28−1,881→ 1,882 totalExercise: $6.25From: 2017-02-24Exp: 2026-02-24→ Common Stock (1,881 underlying) - Exercise/Conversion
Common Stock
2025-05-28$7.20/sh+1,880$13,536→ 242,848 total - Will/Inheritance
Common Stock
2025-05-27+885→ 885 total(indirect: By Spouse) - Exercise/Conversion
Common Stock
2025-05-28$6.25/sh+1,881$11,756→ 240,968 total - Tax Payment
Common Stock
2025-05-28$87.19/sh−1,654$144,212→ 241,194 total - Exercise/Conversion
Stock Options
2025-05-28−1,880→ 0 totalExercise: $7.20From: 2016-07-01Exp: 2025-07-01→ Common Stock (1,880 underlying)
Holdings
- 400(indirect: By Children)
Common Stock
- 400(indirect: By Children)
Common Stock
- 400(indirect: By Children)
Common Stock
Footnotes (4)
- [F1]Represents shares withheld in payment of withholding taxes and exercise cost for NQSO included in this filing.
- [F2]Includes 38,508 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 9,318 of the RSUs vest in five approximately equal remaining installments; 4,219 of the RSUs vest in four approximately equal remaining installments; 10,032 of the RSUs vest in three approximately equal remaining installments; 8,366 of the RSUs vest in approximately two remaining equal installments; 6,573 of the RSUs vest in approximately one remaining equal installment. Also includes 100,000 shares of performance-based restricted stock units that vest on October 4, 2027, the quantity of which is dependent upon achievement of specified performance goals. Each restricted stock unit represents the right to receive one share of common stock upon vesting.
- [F3]Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in ten approximately equal installments commencing on February 24, 2017.
- [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 July 1, 2016.
Documents
Issuer
COASTAL FINANCIAL CORP
CIK 0001437958
Entity typeother
Related Parties
1- filerCIK 0001299647
Filing Metadata
- Form type
- 4
- Filed
- May 28, 8:00 PM ET
- Accepted
- May 29, 1:18 PM ET
- Size
- 16.2 KB