Form 4 for LOB Live Oak Bancshares, Inc.
Accepted 2024-02-16 00:00:00 ET · period of report 2024-02-14 · accession 0001578563-24-000100 · 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 | 2024-02-16 | 2024-02-14+ | LOB | Davis Micah S | Chief Marketing, Comm Off | M - OptEx | — | +3,223 | 52.4K | +7% | — |
| DM | 2024-02-16 | 2024-02-14+ | LOB | Davis Micah S | Chief Marketing, Comm Off | F - Tax | $38.75 | -1,538 | 51.4K | -3% | -$59.6K |
| DM | 2024-02-16 | 2024-02-14+ | LOB | Davis Micah S | Chief Marketing, Comm Off | M - OptEx | $0.00 | -3,223 | 2,844 | -53% | $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 | 2024-02-14 | M | A | 2,275 | — | 52,512 | 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 | 2024-02-15 | F | D | 468 | $39.21 | 51,922 | D | — | — | |
| 3 | Common | Voting Common Stock | 2024-02-15 | M | A | 948 | — | 52,390 | 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 | 2024-02-14 | F | D | 1,070 | $38.55 | 51,442 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2024-02-14 | M | D | 2,275 | $0.00 | 9,104 | D | — · — to — | 2,275 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) The RSUs vest in five equal annual 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 | 2024-02-15 | M | D | 948 | $0.00 | 2,844 | D | — · — to — | 948 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) 948 of the RSUs will vest on each of February 14, 2024, 2025, 2026 and 2027, subject to the reporting person's continuous service to the Company or a related entity on such date. |