Home/Filings/4/0001516912-23-000030
4//SEC Filing

Sirman Lori 4

Accession 0001516912-23-000030

CIK 0001516912other

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 5:31 PM ET

Size

20.9 KB

Accession

0001516912-23-000030

Insider Transaction Report

Form 4
Period: 2023-02-17
Sirman Lori
Director
Transactions
  • Award

    Restricted Stock Units

    2023-02-17+2,2332,233 total
    Common Stock (2,233 underlying)
  • Award

    Restricted Stock Units

    2023-02-17+6,6786,678 total
    Common Stock (6,678 underlying)
Holdings
  • Common Stock

    (indirect: By IRA)
    8,829
  • Common Stock

    (indirect: By KSOP)
    21,248
  • Stock Options (Right to Buy)

    Exercise: $22.28Exp: 2026-06-20Common Stock (6,621 underlying)
    6,621
  • Stock Options (Right to Buy)

    Exercise: $37.01Exp: 2028-12-18Common Stock (16,552 underlying)
    16,552
  • Common Stock

    (indirect: BY ISSUER RETIREMENT PLAN)
    464
  • Stock Options (Right to Buy)

    Exercise: $19.64Exp: 2024-12-15Common Stock (2,751 underlying)
    2,751
  • Stock Options (Right to Buy)

    Exercise: $31.72Exp: 2027-12-18Common Stock (18,538 underlying)
    18,538
  • Common Stock

    79,429
  • Stock Options (Right to Buy)

    Exercise: $19.64Exp: 2025-12-21Common Stock (5,674 underlying)
    5,674
  • Stock Options (Right to Buy)

    Exercise: $33.23Exp: 2031-02-16Common Stock (23,173 underlying)
    23,173
  • Stock Options (Right to Buy)

    Exercise: $37.76Exp: 2029-12-16Common Stock (23,173 underlying)
    23,173
  • Stock Options (Right to Buy)

    Exercise: $23.64Exp: 2026-12-19Common Stock (4,568 underlying)
    4,568
Footnotes (4)
  • [F1]Each restricted stock unit represents the contingent right to receive, at settlement, one share of the issuer's common stock or cash equal to the fair value thereof (calculated pursuant to the incentive agreement), as determined by the issuer.
  • [F2]Granted on February 17, 2023, with 2,228 shares vesting on each of the vesting dates of August 19, 2023, August 19, 2024, and August 19, 2025.
  • [F3]Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
  • [F4]Pursuant to the Merger Agreement, at the effective time of the Merger, August 1, 2022, each outstanding and unexercised option to purchase shares of BTH common stock became fully vested and automatically converted into an option to purchase shares of issuer common stock, with the number of underlying shares and the exercise price determined as set forth in the Merger Agreement. Each option to purchase shares of issuer common stock is subject to the same terms and conditions (excluding vesting but including exercisability terms) as the corresponding option to purchase shares of BTH common stock immediately prior to the effective time of the Merger.

Issuer

Origin Bancorp, Inc.

CIK 0001516912

Entity typeother

Related Parties

1
  • filerCIK 0001938364

Filing Metadata

Form type
4
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 5:31 PM ET
Size
20.9 KB