Item 1(a) |
Name of Issuer: |
Coastal Financial Corporation (the Issuer)
1(b) |
Address of the Issuers Principal Executive Offices: |
5415 Evergreen Way
Everett, Washington 98203
Item 2(a) |
Name of Person Filing: |
This Schedule 13G is being jointly filed by each of the following persons pursuant to Rule 13d-1(k)(1) promulgated by
the Securities and Exchange Commission pursuant to Section 13 of the Act: (i) Endeavour Capital Advisors Inc. (Endeavour), (ii) Laurence M. Austin, (iii) Mitchell J. Katz and (iv) Jonah Marcus.
2(b) |
Principal Business Address or, if none, Residence: |
Endeavour Capital Advisors Inc.
410 Greenwich Avenue
Greenwich, CT 06830
2(c) |
Citizenship of Person Filing: |
Endeavour is a Delaware corporation and Messrs. Austin, Katz and Marcus are citizens of the United States of America.
2(d) |
Title of Class of Securities: |
Common Stock, no par value
19046P209
Item 3. |
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a |
(a) ☐ Broker or dealer
registered under section 15 of the Act (15 U.S.C. 78o).
(b) ☐ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) ☐ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d) ☐ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) ☒ An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f) ☐ An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g) ☒ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
(h) ☐ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);
(i) ☐ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C.
80a-3);
(j) ☐ A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
(k) ☐ Group, in accordance with
§240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b) (1)(ii)(J), please
specify the type of institution: