Form 4 for CCB COASTAL FINANCIAL CORP
Accepted 2025-02-07 00:00:00 ET · period of report 2025-02-05 · accession 0001437958-25-000038 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-02-07 | 2025-02-05 | CCB | Culp Michael | Chief Revenue Off | A - Grant | $0.00 | +935 | 20.6K | +5% | $0 | |
| 2025-02-07 | 2025-02-05 | CCB | Culp Michael | Chief Revenue Off | F - Tax | $88.90 | -170 | 20.4K | -0.8% | -$15.1K |
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 | A | A | 935 | $0.00 | 20,578 | D | — | — | (F1) 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. |
| 2 | Common | Common Stock | 2025-02-05 | F | D | 170 | $88.90 | 20,408 | D | — | — | (F2) Represents shares withheld in payment of withholding taxes upon partial vesting of RSUs granted 02/05/2024. (F3) Includes 15,121 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corp. 2018 Omnibus Incentive Plan. 389 of the RSUs vest in approximately five equal remaining installments; 935 of the RSUs vest in approximately four equal remaining installments; 1,803 of the RSUs vest in approximately three equal remaining installments; 1,245 vest in two approximately equal remaining installments; and 749 vest in one approximately 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. |