Form 4 for LOB Live Oak Bancshares, Inc.
Accepted 2024-12-11 00:00:00 ET · period of report 2024-12-09 · accession 0001578563-24-000492 · 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 | 2024-12-11 | 2024-12-09 | LOB | Cairns Michael | Chief Credit Off | M - OptEx | — | +1,888 | 7,388 | +34% | — |
| D | 2024-12-11 | 2024-12-09 | LOB | Cairns Michael | Chief Credit Off | F - Tax | $45.30 | -840 | 6,548 | -11% | -$38.1K |
| DM | 2024-12-11 | 2024-12-09 | LOB | Cairns Michael | Chief Credit Off | M - OptEx | $0.00 | -1,888 | 3,784 | -33% | $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 | 2024-12-09 | M | A | 943 | — | 6,443 | 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 | 2024-12-09 | M | A | 945 | — | 7,388 | 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 | 2024-12-09 | F | D | 840 | $45.30 | 6,548 | D | — | — | |
| 4 | Derivative | Restricted Stock Units | 2024-12-09 | M | D | 943 | $0.00 | 2,829 | D | — · — to — | 943 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) 943 of the RSUs will vest on each of December 9, 2024, 2025, 2026, and 2027, subject to the reporting person's continuous service to the Company or a related entity on such date. |
| 5 | Derivative | Restricted Stock Units | 2024-12-09 | M | D | 945 | $0.00 | 3,784 | D | — · — to — | 945 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) 945 of the RSUs will vested on December 9, 2024, and 946 of the RSUs will vest on each of December 8, 2025, 2026, 2027, and 2028, subject to the reporting person's continuous service to the Company or a related entity on such date |