Form 4 for CCB COASTAL FINANCIAL CORP
Accepted 2024-02-29 00:00:00 ET · period of report 2024-02-27 · accession 0001437958-24-000043 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-02-29 | 2024-02-27 | CCB | Culp Michael | Chief Revenue Off | M - OptEx | $5.50 | +1,000 | 20.1K | +5% | +$5,500 |
| D | 2024-02-29 | 2024-02-27 | CCB | Culp Michael | Chief Revenue Off | M - OptEx | $5.50 | -1,000 | 0 | -100% | -$5,500 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-27 | M | A | 1,000 | $5.50 | 20,100 | D | — | — | (F1) Includes 16,235 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 467 RSUs vest in six approximately equal remaining annual installments; 1,868 RSUs vest in three approximately equal remaining annual installments; 2,404 RSUs vest in approximately four equal annual installments; 1,496 shares vest in approximately two equal remaining installments; 5,000 shares vest 7/26/27; and 5,000 shares vest on 1/26/30. Each restricted stock unit represents the right to receive one share of common stock upon vesting. |
| 2 | Derivative | Stock Options | 2024-02-27 | M | D | 1,000 | $5.50 | 0 | D | $5.50 · 2015-03-18 to 2024-03-18 | 1,000 Common Stock | (F2) Stock 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. |