0001437749-20-002284.txt : 20200211 0001437749-20-002284.hdr.sgml : 20200211 20200211125537 ACCESSION NUMBER: 0001437749-20-002284 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200211 DATE AS OF CHANGE: 20200211 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sprink Eric M CENTRAL INDEX KEY: 0001299647 FILING VALUES: FORM TYPE: 5 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38589 FILM NUMBER: 20595543 MAIL ADDRESS: STREET 1: 9506 N NEWPORT HWY CITY: SPOKANE STATE: WA ZIP: 99218 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: COASTAL FINANCIAL CORP CENTRAL INDEX KEY: 0001437958 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 000000000 STATE OF INCORPORATION: WA BUSINESS ADDRESS: STREET 1: 2817 COLBY AVENUE CITY: EVERETT STATE: WA ZIP: 98201 BUSINESS PHONE: 425-257-1652 MAIL ADDRESS: STREET 1: 2817 COLBY AVENUE CITY: EVERETT STATE: WA ZIP: 98201 5 1 rdgdoc.xml FORM 5 X0306 5 2019-12-31 0 0 0001437958 COASTAL FINANCIAL CORP CCB 0001299647 Sprink Eric M 5415 EVERGREEN WAY EVERETT WA 98203 1 1 President & CEO Common Stock 4847 I By 401(k) Common Stock 14126 D Common Stock 400 I By Custodian for Child 1 Common Stock 400 I By Custodian for Child 2 Common Stock 400 I By Custodian for Child 3 Stock Options 5.5000 2014-04-09 2023-04-09 Common Stock 190001 190001 D Stock Options 6.2500 2017-02-24 2026-02-24 Common Stock 18811 18811 D Stock Options 6.2500 2015-11-13 2024-11-13 Common Stock 39794 39794 D Stock Options 6.5000 2018-01-26 2027-01-26 Common Stock 33825 33825 D Stock Options 7.1000 2019-01-22 2028-01-22 Common Stock 28546 28546 D Stock Options 7.2000 2016-07-01 2025-07-01 Common Stock 18795 18795 D Stock Options 14.9100 2020-01-22 2029-01-22 Common Stock 26737 26737 D Stock options granted pursuant to the Coastal Financial Corp. 2018 Omnibus Incentive Plan vest in ten approximately equal installments commencing on January 22, 2020. Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in ten approximately equal installments commencing on April 9, 2014. 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. Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in five approximately equal installments commencing on November 13, 2015. 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. 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. 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. This form reflects increase/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 if Coastal Financial Corporation. /s/ Melisa Nelson, by POA 2020-02-11