0001437958-25-000044.txt : 20250207
0001437958-25-000044.hdr.sgml : 20250207
20250207173730
ACCESSION NUMBER: 0001437958-25-000044
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20250205
FILED AS OF DATE: 20250207
DATE AS OF CHANGE: 20250207
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Queyrouze Curt
CENTRAL INDEX KEY: 0001929351
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38589
FILM NUMBER: 25603033
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_1738967844.xml
FORM 4
X0508
4
2025-02-05
0
0001437958
COASTAL FINANCIAL CORP
CCB
0001929351
Queyrouze Curt
C/O 5415 EVERGREEN WAY
EVERETT
WA
98203
0
1
0
0
President - Community Bank Div
0
Common Stock
2025-02-05
4
A
0
2476
0
A
74545
D
Common Stock
2025-02-05
4
F
0
488
88.90
D
74057
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, 2026. Each restricted stock unit represents the right to receive one share of common stock upon vesting.
Represents shares withheld in payment of withholding taxes upon partial vesting of RSUs granted 02/05/2024.
Includes 12,831 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan 2,476 of which vest in four approximately equal remaining annual installments; 5,301 of which vest in three approximately equal remaining annual installments; 2,720 of which vest in two approximately equal installments; 2,334 of which vest in one approximately even remaining installment. Also includes 53,000 shares of performance-based restricted stock units that vest on June 1, 2028, 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
2025-02-06