4//SEC Filing
EDWARDS JOEL G 4
Accession 0001437958-25-000133
CIK 0001437958other
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 3:01 PM ET
Size
7.2 KB
Accession
0001437958-25-000133
Insider Transaction Report
Form 4
EDWARDS JOEL G
Chief Financial Officer
Transactions
- Exercise/Conversion
Stock Options
2025-06-18−1,800→ 0 totalExercise: $7.20From: 2016-07-01Exp: 2025-07-01→ Common Stock (1,800 underlying) - Exercise/Conversion
Common Stock
2025-06-18$7.20/sh+1,800$12,960→ 43,187 total
Footnotes (2)
- [F1]Includes 10,962 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. In accordance with Mr. Edward's retirement and retention agreement the RSUs vest as follows: 2,241 RSUs vest on June 30, 2025; 3,065 RSUs vest on January 25, 2026; 1,424 RSUs vest on February 5, 2026; and 4,232 RSUs vest on April 1, 2026. Each restricted stock unit represents the right to receive one share of common stock upon vesting.
- [F2]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 0001260912
Filing Metadata
- Form type
- 4
- Filed
- Jun 22, 8:00 PM ET
- Accepted
- Jun 23, 3:01 PM ET
- Size
- 7.2 KB