Form 4 for LOB Live Oak Bancshares, Inc.
Accepted 2021-12-03 00:00:00 ET · period of report 2021-12-01 · accession 0001209191-21-067869 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-12-03 | 2021-12-01 | LOB | GC | M - OptEx | $14.55 | +5,000 | 78.2K | +7% | +$72.8K | |
| D | 2021-12-03 | 2021-12-03 | LOB | GC | G - Gift | $0.00 | -225 | 73.0K | -0.3% | $0 | |
| D | 2021-12-03 | 2021-12-01 | LOB | GC | S - Sale+OE | $91.50 | -5,000 | 73.2K | -6% | -$457.5K | |
| D | 2021-12-03 | 2021-12-01 | LOB | GC | M - OptEx | $0.00 | -5,000 | 25.0K | -17% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Voting Common Stock | 2021-12-01 | M | A | 5,000 | $14.55 | 78,180 | D | — | — | |
| 2 | Common | Voting Common Stock | 2021-12-03 | G | D | 225 | $0.00 | 72,955 | D | — | — | |
| 3 | Common | Voting Common Stock | 2021-12-01 | S | D | 5,000 | $91.50 | 73,180 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $91.32 to $91.96. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected. |
| 4 | Derivative | Employee Stock Option (right to buy) | 2021-12-01 | M | D | 5,000 | $0.00 | 25,000 | D | $14.55 · — to 2025-11-19 | 5,000 Voting Common Stock | (F2) The shares subject to this option vest and become exercisable yearly in seven installments beginning on November 19, 2016, as follows: 10% of the shares subject to the option vested on each of November 19, 2016, 2017, 2018, 2019,and 2020; and 25% of the shares subject to the option vest on each of November 19, 2021 and 2022. |