0001437958-24-000035.txt : 20240207
0001437958-24-000035.hdr.sgml : 20240207
20240207161300
ACCESSION NUMBER: 0001437958-24-000035
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: Herger Tarah M
CENTRAL INDEX KEY: 0002005906
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38589
FILM NUMBER: 24604421
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_1707340361.xml
FORM 4
X0508
4
2024-02-05
0
0001437958
COASTAL FINANCIAL CORP
CCB
0002005906
Herger Tarah M
5415 EVERGREEN WAY
EVERETT
WA
98203
0
1
0
0
EVP, Division Manager
0
Common Stock
2024-02-05
4
A
0
1630
0
A
15154
D
Common Stock
2024-02-05
4
S
0
229
38
D
14925
D
Common Stock
2024-02-06
4
S
0
17
38.08
D
14908
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 the tax liability on vesting RSUs.
Includes 13,738 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 311 RSUs vest in six approximately equal remaining annual installments; 630 vest in two approximately equal remaining installments; 1,167 RSUs vest in approximately three equal remaining annual installments; 1,630 RSUs vest in four approximately equal remaining annual installments; 5,000 shares vest on July 26, 2027; 5,000 shares vest on January 26, 2030. Each restricted stock unit represents the right to receive one share of common stock upon vesting.
/s/ Melisa Nelson, as Attorney-in-fact
2024-02-07