Burke John Gary 4
4 · Axos Financial, Inc. · Filed Aug 27, 2019
Insider Transaction Report
Form 4
Burke John Gary
Director
Transactions
- Tax Payment
Common Stock
2019-08-24$24.91/sh−859$21,398→ 1,821,472 total - Exercise/Conversion
Common Stock
2019-08-24$24.91/sh+2,667$66,435→ 1,822,331 total - Exercise/Conversion
Restricted Stock Units
2019-08-24−2,667→ 18,667 total→ Common Stock (2,667 underlying)
Footnotes (4)
- [F1]Represents shares of Common Stock issued on August 24, 2019 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 Axos Financial, Inc. 2014 Stock Incentive Plan.
- [F2]Represents shares of Common Stock retained by Axos Financial, Inc. for tax withholding purposes in connection with the net-settlement on the issuance of shares of Common Stock in respect to the vested RSUs.
- [F3]The RSUs were granted to the reporting person under the Axos Financial, 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 Axos Financial, Inc. Common Stock.
- [F4]The RSUs vest over three years, one-third on each anniversary date of grant.