Sprink Eric M's Form 4/A amendment
AmendedCoastal Financial Corp (CCB) · filed Dec 15, 2022
- Accession no.
- 0001437958-22-000050
- Filed
- Dec 15, 2022
- Trade date
- Dec 12-13, 2022
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Dec 13, 2022
This filing lists 2 non-derivative transactions. Open-market sales total $639.5K. It was filed 3 days after the trade.
This amendment replaces 0001437958-22-000048 (filed Dec 13, 2022).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Sprink Eric MCIK 0001299647 | Director, Officer (CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 12, 2022 | Common Stock | SSaleDisposed | −6,000 | $51.45 | −$308,700 | 329,788 | Direct | |
| Dec 13, 2022 | Common Stock | SSaleDisposed | −6,508 | $50.83 | −$330,801.64 | 323,280 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2
Includes 41,201 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 14,909 of the RSUs vest in eight approximately equal remaining installments; 12,064 of the RSUs vest in four approximately equal remaining installments; and 14,228 of the RSUs vest in approximately four equal installments. 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.