Live Oak Bancshares, Inc. 4
4 · Live Oak Bancshares, Inc. · Filed May 11, 2017
Insider Transaction Report
Form 4
Jackson Don
Director
Transactions
- Exercise/Conversion
Voting Common Stock
2017-05-09+1,892→ 82,510 total - Exercise/Conversion
Voting Common Stock
2017-05-09$19.15/sh+7,500$143,625→ 90,010 total - Exercise/Conversion
Restricted Stock Units
2017-05-09−1,892→ 0 total→ Voting Common Stock (1,892 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2017-05-09−7,500→ 22,500 totalExercise: $19.15Exp: 2025-08-25→ Voting Common Stock (7,500 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Live Oak Bancshares voting common stock.
- [F2]The Compensation Committee approved accelerating the restricted stock units' vesting date to May 9, 2017.
- [F3]The shares subject to this option vest and become exercisable in four equal annual installments beginning on August 25, 2016.