Cameron William Henderson 4
4 · Live Oak Bancshares, Inc. · Filed Jun 13, 2023
Insider Transaction Report
Form 4
Cameron William Henderson
Director
Transactions
- Purchase
Voting Common Stock
2023-06-12$24.37/sh+4,000$97,489→ 171,217 total(indirect: By Trust)
Holdings
- 3,279
Voting Common Stock
- 470(indirect: By Trust)
Voting Common Stock
- 30,000
Stock Option (right to buy)
Exercise: $4.40Exp: 2024-03-26→ Voting Common Stock (30,000 underlying) - 3,625
Restricted Stock Units
→ Voting Common Stock (3,625 underlying)
Footnotes (4)
- [F1]This transaction was executed in multiple trades at prices ranging from $24.32 to $24.41. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
- [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, 2024.
- [F4]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.