4//SEC Filing
Hoffsis Glen F. 4
Accession 0001209191-21-035922
CIK 0001462120other
Filed
May 25, 8:00 PM ET
Accepted
May 26, 4:24 PM ET
Size
8.4 KB
Accession
0001209191-21-035922
Insider Transaction Report
Form 4
Hoffsis Glen F.
Director
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2021-05-24−3,000→ 15,000 totalExercise: $4.40Exp: 2024-03-26→ Voting Common Stock (3,000 underlying) - Exercise/Conversion
Voting Common Stock
2021-05-24$4.40/sh+3,000$13,200→ 110,342 total
Holdings
- 1,229
Restricted Stock Units
→ Voting Common Stock (1,229 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, 2022.
Documents
Issuer
Live Oak Bancshares, Inc.
CIK 0001462120
Entity typeother
Related Parties
1- filerCIK 0001647117
Filing Metadata
- Form type
- 4
- Filed
- May 25, 8:00 PM ET
- Accepted
- May 26, 4:24 PM ET
- Size
- 8.4 KB