Form 144 Filer Information UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 144

NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933

Form 144

144: Issuer Information

Name of Issuer
COASTAL FINANCIAL CORP
SEC File Number
001-38589
Address of Issuer
5415 EVERGREEN WAY
EVERETT
WASHINGTON
98203
Phone
425-257-1652
Name of Person for Whose Account the Securities are To Be Sold
Sprink Eric M
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person fling this notice.
Relationship to Issuer
  1. Officer
  2. Director

144: Securities Information

Securities Information Record: 1
Title of the Class of Securities To Be Sold
Common
Name and Address of the Broker
Carta Securities, LLC
333 Bush Street, Floor 23, Suite 2300
San Francisco
WASHINGTON
94104
Number of Shares or Other Units To Be Sold
11407
Aggregate Market Value
556305.56
Number of Shares or Other Units Outstanding
12962028
Approximate Date of Sale
11/23/2022
Name the Securities Exchange
Nasdaq Global Select

144: Securities To Be Sold

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:
Securities To Be Sold Record: 1
Title of the Class
Common
Date you Acquired
11/23/2022
Nature of Acquisition Transaction
Exercise of options granted 4/9/2013
Name of Person from Whom Acquired
Relationship to Issuer Coastal Financial Corporation
Is this a Gift?☐
Amount of Securities Acquired
11407
Date of Payment
11/23/2022
Nature of Payment
Cash

If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

144: Securities Sold During The Past 3 Months

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.
Securities Sold During The Past 3 Months Record: 1
Name and Address of Seller
Eric M. Sprink
5415 Evergreen Way
Everett
WASHINGTON
98203
Title of Securities Sold
Common
Date of Sale
11/21/2022
Amount of Securities Sold
7710
Gross Proceeds
368730.53
Securities Sold During The Past 3 Months Record: 2
Name and Address of Seller
Eric M. Sprink
5415 Evergreen Way
Everett
WASHINGTON
98203
Title of Securities Sold
Common
Date of Sale
11/22/2022
Amount of Securities Sold
3143
Gross Proceeds
153809.05

144: Remarks and Signature

Remarks
Date of Notice
11/23/2022
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

    ATTENTION:

    The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
    Signature
    Eric M. Sprink

    ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

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