BLACK J BRANDON 4
4 · Axos Financial, Inc. · Filed Sep 9, 2021
Insider Transaction Report
Form 4
BLACK J BRANDON
Director
Transactions
- Disposition to Issuer
Common Stock
2021-09-05$47.16/sh−1,341$63,242→ 14,241 total - Exercise/Conversion
Common Stock
2021-09-05+2,667→ 15,582 total - Exercise/Conversion
Restricted Stock Units
2021-09-05−2,667→ 14,001 total→ Common Stock (2,667 underlying)
Footnotes (5)
- [F1]Represents shares of Common Stock issued on September 5, 2021, following the vesting of Restricted Stock Units ("RSUs") which vest as to one-third of the shares on each anniversary of the date of grant. The RSUs were previously granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plan.
- [F2]Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock.
- [F3]Represents shares of Common Stock retained by Axos Financial, Inc. in exchange for cash paid to the reporting person for tax liabilities in respect to the vested RSUs.
- [F4]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.
- [F5]The RSUs vest as to one-third of the shares on each anniversary date of grant.