0001437749-21-023397.txt : 20211006
0001437749-21-023397.hdr.sgml : 20211006
20211006211919
ACCESSION NUMBER: 0001437749-21-023397
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211004
FILED AS OF DATE: 20211006
DATE AS OF CHANGE: 20211006
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sprink Eric M
CENTRAL INDEX KEY: 0001299647
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38589
FILM NUMBER: 211310909
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
4
1
rdgdoc.xml
FORM 4
X0306
4
2021-10-04
0001437958
COASTAL FINANCIAL CORP
CCB
0001299647
Sprink Eric M
C/O 5415 EVERGREEN WAY
EVERETT
WA
98203
1
1
President & CEO
Common Stock
2021-10-04
4
A
0
100000
0
A
153819
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
Represents 100,000 performance-based restricted stock units pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. A maximum of 100,000 shares vest on October 4, 2027 the quantity of which is dependent upon achievement of specified performance goals.
Includes 33,715 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 18,636 of the RSUs vest in ten approximately equal installments commencing on February 3, 2021 and 15,079 of the RSUs vest in five approximately equal installments commencing on January 25, 2022. 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.
/s/ Melisa Nelson, as Attorney-in-fact
2021-10-06