Form 4 for LOB Live Oak Bancshares, Inc.
Accepted 2023-02-14 00:00:00 ET · period of report 2023-02-10 · accession 0001209191-23-009589 · 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 | 2023-02-14 | 2023-02-10 | LOB | Mann Stephanie | Chief Strategy Off | F - Tax | $34.34 | -448 | 14.7K | -3% | -$15.4K |
| DM | 2023-02-14 | 2023-02-10 | LOB | Mann Stephanie | Chief Strategy Off | M - OptEx | — | +1,285 | 15.1K | +9% | — |
| D | 2023-02-14 | 2023-02-13 | LOB | Mann Stephanie | Chief Strategy Off | A - Grant | $0.00 | +59.7K | 59.7K | New | $0 |
| DM | 2023-02-14 | 2023-02-10 | LOB | Mann Stephanie | Chief Strategy Off | M - OptEx | $0.00 | -1,285 | 7,787 | -14% | $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 | 2023-02-10 | F | D | 61 | $34.34 | 14,838 | D | — | — | |
| 2 | Common | Voting Common Stock | 2023-02-10 | M | A | 173 | — | 14,899 | 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. |
| 3 | Common | Voting Common Stock | 2023-02-10 | M | A | 1,112 | — | 15,113 | 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. |
| 4 | Common | Voting Common Stock | 2023-02-10 | F | D | 387 | $34.34 | 14,726 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2023-02-13 | A | A | 59,743 | $0.00 | 59,743 | D | — · — to — | 59,743 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. (F4) The RSUs vest in five pro rata installments beginning on February 13, 2024, subject to the reporting person's continuous service to the Company or a related entity on such date. |
| 6 | Derivative | Restricted Stock Units | 2023-02-10 | M | D | 173 | $0.00 | 348 | D | — · — to — | 173 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) 173 of the RSUs will vest on February 10, 2023 and 174 of the RSUs will vest on each of February 10, 2024 and 2025, subject to the reporting person's continuous service to the Company or a related entity on such date. |
| 7 | Derivative | Restricted Stock Units | 2023-02-10 | M | D | 1,112 | $0.00 | 7,787 | D | — · — to — | 1,112 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) 1,112 of the RSUs will vest on each of February 10, 2023 and 2025; 1,113 of the RSUs will vest on February 10, 2024; 2,780 of the RSUs will vest on February 10, 2026; and 2,782 of the RSUs will vest on February 10, 2027, subject to the reporting person's continuous service to the Company or a related entity on such date. |