4//SEC Filing
Hoffsis Glen F. 4
Accession 0001209191-23-030765
CIK 0001462120other
Filed
May 17, 8:00 PM ET
Accepted
May 18, 5:48 PM ET
Size
7.5 KB
Accession
0001209191-23-030765
Insider Transaction Report
Form 4
Hoffsis Glen F.
Director
Transactions
- Award
Restricted Stock Units
2023-05-16+3,625→ 3,625 total→ Voting Common Stock (3,625 underlying)
Holdings
- 113,621
Voting Common Stock
- 15,000
Stock Option (right to buy)
Exercise: $4.40Exp: 2024-03-26→ Voting Common Stock (15,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Live Oak Bancshares, Inc. voting common stock.
- [F2]The restricted stock units vest on May 1, 2024.
- [F3]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.
Documents
Issuer
Live Oak Bancshares, Inc.
CIK 0001462120
Entity typeother
Related Parties
1- filerCIK 0001647117
Filing Metadata
- Form type
- 4
- Filed
- May 17, 8:00 PM ET
- Accepted
- May 18, 5:48 PM ET
- Size
- 7.5 KB