Form 4 for LOB Live Oak Bancshares, Inc.
Accepted 2024-03-04 00:00:00 ET · period of report 2024-02-29 · accession 0001578563-24-000154 · 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 | 2024-03-04 | 2024-02-29 | LOB | Petty Miltom Emmett | Dir | M - OptEx | $4.40 | +30.0K | 131.9K | +29% | +$132.0K |
| D | 2024-03-04 | 2024-02-29 | LOB | Petty Miltom Emmett | Dir | S - Sale+OE | $39.73 | -10.0K | 121.9K | -8% | -$397.3K |
| D | 2024-03-04 | 2024-02-29 | LOB | Petty Miltom Emmett | Dir | M - OptEx | $0.00 | -30.0K | 0 | -100% | $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 | 2024-02-29 | M | A | 30,000 | $4.40 | 131,941 | D | — | — | |
| 2 | Common | Voting Common Stock | 2024-02-29 | S | D | 10,000 | $39.73 | 121,941 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $39.535 to $39.86. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected. |
| 3 | Derivative | Stock Option (right to buy) | 2024-02-29 | M | D | 30,000 | $0.00 | 0 | D | $4.40 · — to 2024-03-26 | 30,000 Voting Common Stock | (F2) The shares subject to this option vested and became exercisable yearly in seven installments beginning on March 26, 2015, as follows: 10% of the shares subject to the option vested on each of March 26, 2015, 2016, 2017, 2018, and 2019; and 25% of the shares subject to the option vested on each of March 26, 2020 and 2021. |