Live Oak Bancshares, Inc. 4
4 · Live Oak Bancshares, Inc. · Filed May 26, 2016
Insider Transaction Report
Form 4
Jackson Don
Director
Transactions
- Award
Restricted Stock Units
2016-05-24+1,892→ 1,892 total→ Voting Common Stock (1,892 underlying)
Holdings
- 80,618
Voting Common Stock
- 30,000
Stock Option (Right to Buy)
Exercise: $19.15Exp: 2025-08-25→ Voting Common Stock (30,000 underlying)
Footnotes (3)
- [F1]The shares subject to this option vest and become exercisable in four equal annual installments beginning on August 25, 2016.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Live Oak Bancshares voting common stock.
- [F3]The restricted stock units vest on May 24, 2017.