BofI Holding, Inc. 4
4 · BofI Holding, Inc. · Filed Aug 10, 2016
Insider Transaction Report
Form 4
Allrich Theodore C
Director
Transactions
- Tax Payment
Common Stock
2016-08-08$17.94/sh−7,758$139,179→ 211,954 total - Exercise/Conversion
Common Stock
2016-08-08$17.94/sh+14,668$263,144→ 226,622 total - Exercise/Conversion
Restricted Stock Units
2016-08-06−14,668→ 29,336 total→ Common Stock (14,668 underlying)
Footnotes (4)
- [F1]Represents shares of Common Stock issued on August 8, 2016 following the vesting of Restricted Stock Units (RSU's) which vest one-third each year. The RSU's were previously granted to the reporting person under the BofI Holding, Inc. 2004 Stock Incentive Plan.
- [F2]Represents shares of Common Stock retained by BofI Holding, Inc. for tax witholding purposes in connection with the net-settlement on the issuance of shares of Common Stock in respect to the vested RSU's.
- [F3]The RSU's were granted to the reporting person under the BofI Holding, Inc. 2004 Stock Incentive Plan in connection with the reporting person's service as a member of the Board of Directors. Each RSU represents a contingent right to receive one share of BofI Holding, Inc. Common Stock. The RSU's are accompanied by dividend equivalent rights.
- [F4]The RSU's vest over three years, one-third on each anniversary date of grant.