0001437958-24-000025.txt : 20240207 0001437958-24-000025.hdr.sgml : 20240207 20240207160451 ACCESSION NUMBER: 0001437958-24-000025 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240205 FILED AS OF DATE: 20240207 DATE AS OF CHANGE: 20240207 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stines Andrew G CENTRAL INDEX KEY: 0002006373 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38589 FILM NUMBER: 24604258 MAIL ADDRESS: STREET 1: 5415 EVERGREEN WAY CITY: EVERETT STATE: WA ZIP: 98203 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: COASTAL FINANCIAL CORP CENTRAL INDEX KEY: 0001437958 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 000000000 STATE OF INCORPORATION: WA BUSINESS ADDRESS: STREET 1: 5415 EVERGREEN WAY CITY: EVERETT STATE: WA ZIP: 98203 BUSINESS PHONE: 425-257-1652 MAIL ADDRESS: STREET 1: 5415 EVERGREEN WAY CITY: EVERETT STATE: WA ZIP: 98203 4 1 wk-form4_1707339878.xml FORM 4 X0508 4 2024-02-05 0 0001437958 COASTAL FINANCIAL CORP CCB 0002006373 Stines Andrew G 5415 EVERGREEN WAY EVERETT WA 98203 0 1 0 0 EVP, Chief Risk Officer 0 Common Stock 2024-02-05 4 A 0 2784 0 A 15232 D Common Stock 2024-02-05 4 S 0 790 38 D 14442 D Represents award of time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. The RSUs vest in four approximately equal installments commencing on February 5, 2025. Each restricted stock unit represents the right to receive one share of common stock upon vesting. Represents shares sold to cover tax liability for vesting RSUs. Includes 7,250 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan, 2,784 of which vest in four approximately equal annual installments; 1,861 of which vest in three approximately equal annual installments; and 2,605 of which vest in two approximately equal annual installments. Each restricted stock unit represents the right to receive one share of common stock upon vesting. Also includes 2,000 shares of restricted awards that vest in four approximately equal remaining annual installments. /s/ Melisa Nelson, as Attorney-in-fact 2024-02-07