Form 4 for LOB Live Oak Bancshares, Inc.
Accepted 2025-02-14 00:00:00 ET · period of report 2025-02-12 · accession 0001578563-25-000062 · 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 | 2025-02-14 | 2025-02-12 | LOB | Derraik Renato | Chief Info, Digital Off, Bank | M - OptEx | — | +4,256 | 41.7K | +11% | — |
| D | 2025-02-14 | 2025-02-12 | LOB | Derraik Renato | Chief Info, Digital Off, Bank | F - Tax | $34.80 | -2,000 | 39.7K | -5% | -$69.6K |
| D | 2025-02-14 | 2025-02-12 | LOB | Derraik Renato | Chief Info, Digital Off, Bank | M - OptEx | $0.00 | -4,256 | 17.0K | -20% | $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 | 2025-02-12 | M | A | 4,256 | — | 41,700 | 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 | 2025-02-12 | F | D | 2,000 | $34.80 | 39,700 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2025-02-12 | M | D | 4,256 | $0.00 | 17,025 | D | — · — to — | 4,256 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 12, 2025, subject to the reporting person's continuous service to the Company or a related entity on such date. |