Form 4 for LOB Live Oak Bancshares, Inc.
Accepted 2022-02-14 00:00:00 ET · period of report 2022-02-10 · accession 0001209191-22-009471 · 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 | 2022-02-14 | 2022-02-10+ | LOB | Garriott Huntley | Pres, Live Oak Bank | M - OptEx | — | +11.9K | 372.5K | +3% | — |
| DM | 2022-02-14 | 2022-02-10+ | LOB | Garriott Huntley | Pres, Live Oak Bank | F - Tax | $60.82 | -3,557 | 371.2K | -0.9% | -$216.3K |
| DM | 2022-02-14 | 2022-02-10+ | LOB | Garriott Huntley | Pres, Live Oak Bank | M - OptEx | $0.00 | -11.9K | 13.3K | -47% | $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 | 2022-02-11 | M | A | 7,500 | — | 378,654 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock. |
| 2 | Common | Voting Common Stock | 2022-02-11 | F | D | 2,208 | $60.31 | 376,446 | D | — | — | |
| 3 | Common | Voting Common Stock | 2022-02-10 | F | D | 1,349 | $61.65 | 371,154 | D | — | — | |
| 4 | Common | Voting Common Stock | 2022-02-10 | M | A | 4,449 | — | 372,503 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock. |
| 5 | Derivative | Restricted Stock Units | 2022-02-11 | M | D | 7,500 | $0.00 | 7,500 | D | — · — to — | 7,500 Voting Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock. (F3) The RSUs vest in equal annual installments beginning on February 11, 2020 as follows: 7,500 shares vest on each of February 11, 2020, 2021, 2022, and 2023. |
| 6 | Derivative | Restricted Stock Units | 2022-02-10 | M | D | 4,449 | $0.00 | 13,348 | D | — · — to — | 4,449 Voting Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock. (F2) 4,449 of the RSUs will vest on each of February 10, 2022, 2023, and 2024; and 4,450 of the RSUs will vest on February 10, 2025, subject to the reporting person's continuous service to the Company or a related entity on such date. |