Burke John Gary 4
4 · BofI Holding, Inc. · Filed Aug 29, 2017
Insider Transaction Report
Form 4
Burke John Gary
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2017-08-26−2,667→ 16,001 total→ Common Stock (2,667 underlying) - Exercise/Conversion
Common Stock
2017-08-26$26.25/sh+2,667$70,009→ 1,873,395 total
Footnotes (3)
- [F1]Represents shares of Common Stock issued on August 26, 2017 following the vesting of Restricted Stock Units (RSUs) which vest one-third each year. The RSUs were previously granted to the reporting person under the BofI Holding, Inc. 2014 Stock Incentive Plan.
- [F2]The RSUs were granted to the reporting person under the BofI Holding, Inc. 2014 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 RSUs are accompanied by dividend equivalent rights.
- [F3]The RSUs vest over three years, one-third on each anniversary date of grant.