4//SEC Filing
Garriott Huntley 4
Accession 0001209191-23-009586
CIK 0001462120other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 9:06 PM ET
Size
15.6 KB
Accession
0001209191-23-009586
Insider Transaction Report
Form 4
Garriott Huntley
President, Live Oak Bank
Transactions
- Exercise/Conversion
Voting Common Stock
2023-02-10+4,449→ 380,895 total - Tax Payment
Voting Common Stock
2023-02-10$34.34/sh−1,404$48,213→ 379,491 total - Exercise/Conversion
Voting Common Stock
2023-02-13+7,500→ 386,991 total - Tax Payment
Voting Common Stock
2023-02-13$35.15/sh−2,209$77,646→ 384,782 total - Exercise/Conversion
Restricted Stock Units
2023-02-10−4,449→ 8,899 total→ Voting Common Stock (4,449 underlying) - Exercise/Conversion
Restricted Stock Units
2023-02-13−7,500→ 0 total→ Voting Common Stock (7,500 underlying)
Holdings
- 500,000
Restricted Stock Units
→ Voting Common Stock (500,000 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock.
- [F2]4,449 of the RSUs will vest on each of February 10, 2022, 2023, and 2024; and 4,450 of the RSUs will vest on February 10, 2025, subject to the reporting person's continuous service to the Company or a related entity on such date.
- [F3]The RSUs vest in equal annual installments beginning on February 11, 2020 as follows: 7,500 shares vest on each of February 11, 2020, 2021, 2022, and 2023.
- [F4]100,000 of the RSUs will vest annually beginning on February 22, 2023, subject to the reporting person's continuous service to the Company or a related entity on such date.
Documents
Issuer
Live Oak Bancshares, Inc.
CIK 0001462120
Entity typeother
Related Parties
1- filerCIK 0001754522
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 9:06 PM ET
- Size
- 15.6 KB