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COASTAL FINANCIAL CORP — Director's Dealing 2021
Jan 27, 2021
31787_dirs_2021-01-26_2480b971-abe6-4633-9413-8001f157c497.zip
Director's Dealing
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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership
Issuer: COASTAL FINANCIAL CORP (CCB)
CIK: 0001437958
Period of Report: 2020-12-31
Reporting Person: Keithley Russ A (Chief Lending Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3762 | Indirect |
| Common Stock | 3470 | Direct |
Footnotes
F1: This Form reflects increases/decreases in beneficial ownership resulting from unit accounting procedures currently in use by the Administrator of the Coastal Community Bank 401(k) Plan. The Coastal Community Bank Employee 401(k) Plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Coastal Financial Corporation.
F2: Includes 3,470 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corp. 2018 Omnibus Incentive Plan. The RSUs vest in ten approximately equal installments commencing on February 3, 2021. Each restricted stock unit represents the right to receive one share of common stock upon vesting.