SEC Form 4 · accession 0001225208-19-002713
COASTAL FINANCIAL CORP · CCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Dickson
Officer — Chief Operations Officer
Period of report
Jan 22, 2019
Accepted (ET)
Feb 15, 2019 · 2:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001437958
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 21,800 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1 | $14.91 | Jan 22, 2019 | A | 6,500 | A | Jan 22, 2020 | Jan 22, 2029 | Common Stock | 6,500 | 6,500 | D |
| Stock OptionsF2 | $5.50 | holding | — | — | — | Mar 18, 2015 | Mar 18, 2024 | Common Stock | 2,400 | 2,400 | D |
| Stock OptionsF3 | $6.25 | holding | — | — | — | Feb 24, 2017 | Feb 24, 2026 | Common Stock | 3,200 | 3,200 | D |
| Stock OptionsF4 | $6.50 | holding | — | — | — | Jan 26, 2018 | Jan 26, 2027 | Common Stock | 4,000 | 4,000 | D |
| Stock OptionsF5 | $7.10 | holding | — | — | — | Jan 22, 2019 | Jan 22, 2028 | Common Stock | 4,000 | 4,000 | D |
| Stock OptionsF6 | $7.20 | holding | — | — | — | Jul 1, 2016 | Jul 1, 2025 | Common Stock | 4,000 | 4,000 | D |
Explanation of responses
- F1Stock options granted pursuant to the Coastal Financial Corp. 2018 Omnibus Incentive Plan vest in ten approximately equal installments commencing on January 22, 2020.
- F2Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in ten approximately equal installments commencing on March 18, 2015.
- F3Stock 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.
- F4Stock 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.
- F5Stock 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.
- F6Stock 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.