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COASTAL FINANCIAL CORP — Director's Dealing 2021
May 26, 2021
31787_dirs_2021-05-25_75e3e462-68ca-4e24-b76b-57e9e34dfa38.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: COASTAL FINANCIAL CORP (CCB)
CIK: 0001437958
Period of Report: 2021-05-24
Reporting Person: DICKSON JOHN J (Chief Operations Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-24 | Common Stock | M | 400 | $5.50 | Acquired | 32976 | Direct |
| 2021-05-24 | Common Stock | M | 400 | $6.25 | Acquired | 33376 | Direct |
| 2021-05-24 | Common Stock | M | 400 | $6.50 | Acquired | 33776 | Direct |
| 2021-05-24 | Common Stock | M | 400 | $7.10 | Acquired | 34176 | Direct |
| 2021-05-24 | Common Stock | M | 650 | $14.91 | Acquired | 34826 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-24 | Stock Options | $5.50 | M | 400 | Disposed | 2024-03-18 | Common Stock (400) | Direct |
| 2021-05-24 | Stock Options | $6.25 | M | 400 | Disposed | 2026-02-25 | Common Stock (400) | Direct |
| 2021-05-24 | Stock Options | $6.50 | M | 400 | Disposed | 2027-01-26 | Common Stock (400) | Direct |
| 2021-05-24 | Stock Options | $7.10 | M | 400 | Disposed | 2028-01-22 | Common Stock (400) | Direct |
| 2021-05-24 | Stock Options | $14.91 | M | 650 | Disposed | 2029-01-22 | Common Stock (650) | Direct |
Footnotes
F1: Includes 7,405 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 3,347 RSUs vest in nine approximately equal installments, and 4,058 RSUs vest in five approximately equal installments. 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 Plan vest in ten approximately equal installments commencing on March 18, 2015.
F3: Stock options granted pursuant to the Coastal Financial Corp 2006 Stock Options and Equity Plan vest in ten approximately equal installments commencing on February 24, 2017.
F4: Stock options granted pursuant to the Coastal Financial Corp 2006 Stock Options and Equity Plan vest in ten approximately equal installments commencing on January 26, 2018.
F5: Stock options granted pursuant to the Coastal Financial Corp 2006 Stock Options and Equity Plan vest in ten approximately equal installments commencing on January 22, 2019.
F6: Stock options granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan vest in ten approximately equal installments commencing on January 22, 2020.