4//SEC Filing
Hoffsis Glen F. 4
Accession 0001209191-21-028815
CIK 0001462120other
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 4:47 PM ET
Size
8.4 KB
Accession
0001209191-21-028815
Insider Transaction Report
Form 4
Hoffsis Glen F.
Director
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2021-04-26−3,000→ 18,000 totalExercise: $4.40Exp: 2024-03-26→ Voting Common Stock (3,000 underlying) - Exercise/Conversion
Voting Common Stock
2021-04-26$4.40/sh+3,000$13,200→ 103,182 total
Holdings
- 4,160
Restricted Stock Units
→ Voting Common Stock (4,160 underlying)
Footnotes (3)
- [F1]The shares subject to this option vested and became exercisable yearly in seven installments beginning on March 26, 2015, as follows: 10% of the shares subject to the option vested on each of March 26, 2015, 2016, 2017, 2018, and 2019; and 25% of the shares subject to the option vested on each of March 26, 2020 and 2021.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Live Oak Bancshares, Inc. voting common stock.
- [F3]The restricted stock units vest on May 1, 2021.
Documents
Issuer
Live Oak Bancshares, Inc.
CIK 0001462120
Entity typeother
Related Parties
1- filerCIK 0001647117
Filing Metadata
- Form type
- 4
- Filed
- Apr 27, 8:00 PM ET
- Accepted
- Apr 28, 4:47 PM ET
- Size
- 8.4 KB