BLACK J BRANDON 4
4 · Axos Financial, Inc. · Filed Nov 2, 2020
Insider Transaction Report
Form 4
BLACK J BRANDON
Director
Transactions
- Exercise/Conversion
Common Stock
2020-10-30$27.26/sh+1,265$34,484→ 11,499 total - Tax Payment
Common Stock
2020-10-30$27.26/sh−636$17,337→ 10,863 total - Exercise/Conversion
Restricted Stock Units
2020-10-30−1,265→ 16,001 total→ Common Stock (1,265 underlying)
Footnotes (4)
- [F1]Represents shares of Common Stock issued on October 30, 2020, 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.