Garrabrants Gregory 4
4 · Axos Financial, Inc. · Filed Jul 3, 2024
Insider Transaction Report
Form 4
Garrabrants Gregory
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2024-06-30$57.15/sh+179,358$10,250,310→ 1,566,981 total - Exercise/Conversion
Restricted Stock Units
2024-06-30−179,358→ 298,896 total→ Common Stock (179,358 underlying) - Tax Payment
Common Stock
2024-06-30$57.15/sh−96,404$5,509,489→ 1,470,577 total
Holdings
- 170,680(indirect: By Trust)
Common Stock
- 2,706(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Represents shares of Common Stock issued on June 30, 2024 following the vesting of Restricted Stock Units ("RSUs") which vest one-fourth each year. The RSUs were previously granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plans in connection with the reporting person's employment agreement as President and Chief Executive Officer.
- [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 Plans in connection with the reporting person's employment agreement as President and Chief Executive Officer. Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock. The RSUs are accompanied by dividend equivalent rights.
- [F4]The RSUs vest over four years, one-fourth on each fiscal year-end following the date of grant.