Sand Jonathan E bought CCB

January 5, 2024 · Form 4 insider transaction

Sand Jonathan E bought 400 shares of Coastal Financial Corporation at $5.50 per share, a transaction worth $2.2K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Acquired (buy-side)
Shares
400
Price
$5.50
Total value
$2.2K
Role
SecurityCommon Stock
Transaction codeM: Option exercise
Transaction dateJanuary 5, 2024
Filing dateJanuary 9, 2024
Shares owned after17,992
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

Includes 5,403 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 726 RSUs vest in seven approximately equal remaining annual installments; 2,695 RSUs vest in three approximately equal remaining annual installments; 1,982 RSUs vest in approximately four equal remaining annual installments. Each restricted stock unit represents the right to receive one share of common stock upon vesting.

View the original Form 4 on SEC EDGAR