4//SEC Filing
Live Oak Bancshares, Inc. 4
Accession 0001209191-17-031576
$LOBCIK 0001462120operating
Filed
May 10, 8:00 PM ET
Accepted
May 11, 5:05 PM ET
Size
10.8 KB
Accession
0001209191-17-031576
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.
Documents
Issuer
Live Oak Bancshares, Inc.
CIK 0001462120
Entity typeoperating
IncorporatedNC
Related Parties
1- filerCIK 0001462120
Filing Metadata
- Form type
- 4
- Filed
- May 10, 8:00 PM ET
- Accepted
- May 11, 5:05 PM ET
- Size
- 10.8 KB