Form 4 for AX Axos Financial, Inc.
Accepted 2021-07-01 00:00:00 ET · period of report 2021-06-30 · accession 0001299709-21-000110 · 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 | 2021-07-01 | 2021-06-30 | AX | Garrabrants Gregory | Pres, CEO, Dir | M - OptEx | $46.39 | +160.0K | 1.54M | +12% | +$7.42M |
| D | 2021-07-01 | 2021-06-30 | AX | Garrabrants Gregory | Pres, CEO, Dir | F - Tax | $46.39 | -84.2K | 1.45M | -5% | -$3.91M |
| D | 2021-07-01 | 2021-06-30 | AX | Garrabrants Gregory | Pres, CEO, Dir | M - OptEx | $0.00 | -160.0K | 120.0K | -57% | $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 | Common Stock | 2021-06-30 | M | A | 160,000 | $46.39 | 1,537,816 | D | — | — | (F1) Represents shares of Common Stock issued on June 30, 2021 following the vesting of Restricted Stock Units ("RSUs") which vest one-fourth each year. The RSUs were previously granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plans in connection with the reporting person's employment agreement as President and Chief Executive Officer. |
| 2 | Common | Common Stock | 2021-06-30 | F | D | 84,240 | $46.39 | 1,453,576 | D | — | — | (F1) Represents shares of Common Stock issued on June 30, 2021 following the vesting of Restricted Stock Units ("RSUs") which vest one-fourth each year. The RSUs were previously granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plans in connection with the reporting person's employment agreement as President and Chief Executive Officer. (F2) Represents shares of Common Stock retained by Axos Financial, Inc. for tax withholding purposes in connection with the net-settlement on the issuance of shares of Common Stock in respect to the vested RSUs. |
| 3 | Derivative | Restricted Stock Units | 2021-06-30 | M | D | 160,000 | $0.00 | 120,000 | D | — · — to — | 160,000 Common Stock | (F3) The RSUs were granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plan in connection with the reporting person's employment agreement as President and Chief Executive Officer. Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock. The RSUs are accompanied by dividend equivalent rights. (F4) The RSUs vest over four years, one-fourth on each fiscal year-end following the date of grant. |