Form 4 for CCB COASTAL FINANCIAL CORP
Accepted 2025-02-07 00:00:00 ET · period of report 2025-02-05 · accession 0001437958-25-000034 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-02-07 | 2025-02-05 | CCB | Sprink Eric M | CEO, Dir | F - Tax | $88.90 | -5,381 | 234.9K | -2% | -$478.4K |
| DM | 2025-02-07 | 2025-02-05 | CCB | Sprink Eric M | CEO, Dir | M - OptEx | $9.22 | +8,912 | 234.7K | +4% | +$82.1K |
| D | 2025-02-07 | 2025-02-05 | CCB | Sprink Eric M | CEO, Dir | A - Grant | $0.00 | +4,219 | 239.1K | +2% | $0 |
| DM | 2025-02-07 | 2025-02-05 | CCB | Sprink Eric M | CEO, Dir | M - OptEx | $0.00 | -8,912 | 10.7K | -45% | $0 |
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 | 2025-02-05 | F | D | 1,315 | $88.90 | 238,934 | D | — | — | (F1) Represents shares withheld in payment of withholding taxes upon partial vesting of RSUs granted 02/05/2024. |
| 2 | Common | Common Stock | 2025-02-05 | M | A | 2,855 | $7.10 | 237,575 | D | — | — | |
| 3 | Common | Common Stock | 2025-02-05 | M | A | 2,674 | $14.91 | 240,249 | D | — | — | |
| 4 | Common | Common Stock | 2025-02-05 | M | A | 3,383 | $6.50 | 234,720 | D | — | — | |
| 5 | Common | Common Stock | 2025-02-05 | F | D | 4,066 | $88.90 | 234,868 | D | — | — | (F2) Represents shares withheld in payment of withholding taxes upon exercise of NQSO included in this filing. |
| 6 | Common | Common Stock | 2025-02-05 | A | A | 4,219 | $0.00 | 239,087 | D | — | — | (F3) 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. (F4) Includes 38,508 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 9,318 of the RSUs vest in five approximately equal remaining installments; 4,219 of the RSUs vest in four approximately equal remaining installments; 10,032 of the RSUs vest in three approximately equal remaining installments; 8,366 of the RSUs vest in approximately two remaining equal installments; 6,573 of the RSUs vest in approximately one remaining equal installment. Also includes 100,000 shares of performance-based restricted stock units that vest on October 4, 2027, 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. |
| 7 | Derivative | Stock Options | 2025-02-05 | M | D | 3,383 | $0.00 | 6,765 | D | $6.50 · 2018-01-26 to 2027-01-26 | 3,383 Common Stock | (F5) Stock 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. |
| 8 | Derivative | Stock Options | 2025-02-05 | M | D | 2,855 | $0.00 | 8,564 | D | $7.10 · 2019-01-22 to 2028-01-22 | 2,855 Common Stock | (F6) Stock 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. |
| 9 | Derivative | Stock Options | 2025-02-05 | M | D | 2,674 | $0.00 | 10,695 | D | $14.91 · 2020-01-22 to 2029-01-22 | 2,674 Common Stock | (F7) Stock options granted pursuant to the Coastal Financial Corp. 2018 Omnibus Incentive Plan vest in ten approximately equal installments commencing on January 22, 2020. |