Form 4 for LOB Live Oak Bancshares, Inc.
Accepted 2023-02-14 00:00:00 ET · period of report 2023-02-10 · accession 0001209191-23-009593 · 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 | 2023-02-14 | 2023-02-10 | LOB | SUTHERLAND JOHN W. | CAO | F - Tax | $34.34 | -161 | 75.9K | -0.2% | -$5,529 |
| D | 2023-02-14 | 2023-02-10 | LOB | SUTHERLAND JOHN W. | CAO | M - OptEx | — | +461 | 76.1K | +0.6% | — |
| D | 2023-02-14 | 2023-02-10 | LOB | SUTHERLAND JOHN W. | CAO | M - OptEx | $0.00 | -461 | 921 | -33% | $0 |
| D | 2023-02-14 | 2023-02-13 | LOB | SUTHERLAND JOHN W. | CAO | A - Grant | $0.00 | +3,556 | 3,356 | New | $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 | 161 | $34.34 | 75,947 | D | — | — | |
| 2 | Common | Voting Common Stock | 2023-02-10 | M | A | 461 | — | 76,108 | 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 | Derivative | Restricted Stock Units | 2023-02-10 | M | D | 461 | $0.00 | 921 | D | — · — to — | 461 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) 460 of the RSUs will vest on February 10, 2022 and 2024; and 461 of the RSUs will vest on February 10, 2023 and 2025, subject to the reporting person's continuous service to the Company or a related entity on such date. |
| 4 | Derivative | Restricted Stock Units | 2023-02-13 | A | A | 3,556 | $0.00 | 3,356 | D | — · — to — | 3,356 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 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. |