0001193125-18-224664 Sample Contracts

FORM OF PERFORMANCE AWARD AGREEMENT FOR COASTAL FINANCIAL CORPORATION
Performance Award Agreement • July 24th, 2018 • Coastal Financial Corp • State commercial banks

(the “Participant”) is hereby granted a performance award (the “Performance Award”) by Coastal Financial Corporation (the “Company”) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan (the “2018 Plan”). The Award is subject to the terms and conditions of the 2018 Plan and this Performance Award Agreement (“Award Agreement”).

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FORM OF RESTRICTED STOCK/RESTRICTED STOCK UNIT AWARD AGREEMENT FOR COASTAL FINANCIAL CORPORATION
Restricted Stock/Restricted Stock Unit Award Agreement • July 24th, 2018 • Coastal Financial Corp • State commercial banks

(the “Participant”) is hereby granted a [restricted stock]/[restricted stock unit] award (the “Award”) by Coastal Financial Corporation (the “Company”) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan (the “2018 Plan”). The Award is subject to the terms and conditions of the 2018 Plan and this Restricted Stock/Restricted Stock Unit Award Agreement (“Award Agreement”).

FORM OF STOCK OPTION AWARD AGREEMENT FOR COASTAL FINANCIAL CORPORATION
Stock Option Award Agreement • July 24th, 2018 • Coastal Financial Corp • State commercial banks

(the “Participant”) is hereby granted an option to purchase shares of Common Stock (the “Option”) by Coastal Financial Corporation (the “Company”) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan (the “2018 Plan”). The Option shall be subject to the terms and conditions of the 2018 Plan and this Stock Option Award Agreement (“Award Agreement”):

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