Form 4 for LOB Live Oak Bancshares, Inc.

Accepted 2021-12-03 00:00:00 ET · period of report 2021-12-01 · accession 0001209191-21-067872 · 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
DM	2021-12-03	2021-12-01	LOB	SUTHERLAND JOHN W.	CAO	M - OptEx	$13.62	+19.2K	69.2K	+38%	+$261.4K
DM	2021-12-03	2021-12-01	LOB	SUTHERLAND JOHN W.	CAO	M - OptEx	$0.00	-19.2K	3,000	-86%	$0

Purchase Sale Sale after option exercise All abbreviations

#	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	9,000	$17.00	78,232	D	—	—
2	Common	Voting Common Stock	2021-12-01	M	A	10,200	$10.63	69,232	D	—	—
3	Derivative	Employee Stock Option (right to buy)	2021-12-01	M	D	10,200	$0.00	0	D	$10.63 · — to 2024-09-19	10,200 Voting Common Stock	(F1) The shares subject to this option vested and became exercisable yearly in seven installments beginning on September 19, 2015, as follows: 10% of the shares subject to the option vested on each of September 19, 2015, 2016, 2017, 2018, and 2019; and 25% of the shares subject to the option vested on each of September 19, 2020 and 2021.
4	Derivative	Employee Stock Option (right to buy)	2021-12-01	M	D	9,000	$0.00	3,000	D	$17.00 · — to 2025-07-22	9,000 Voting Common Stock	(F2) The shares subject to this option vest and become exercisable yearly in seven installments beginning on July 22, 2016, as follows: 10% of the shares subject to the option vested on each of July 22, 2016, 2017, 2018, 2019, and 2020; and 25% of the shares subject to the option vest on each of July 22, 2021 and 2022.