4//SEC Filing
Sirman Lori 4
Accession 0001516912-23-000144
CIK 0001516912other
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 1:09 PM ET
Size
22.2 KB
Accession
0001516912-23-000144
Insider Transaction Report
Form 4
Sirman Lori
Director
Transactions
- Exercise/Conversion
Common Stock
2023-08-18+2,226→ 81,655 total - Tax Payment
Common Stock
2023-08-18$31.02/sh−526$16,317→ 81,129 total - Exercise/Conversion
Restricted Stock Units
2023-08-18−2,226→ 4,452 total→ Common Stock (2,226 underlying)
Holdings
- 8,829(indirect: By IRA)
Common Stock
- 2,233
Restricted Stock Units
→ Common Stock (2,233 underlying) - 2,751
Stock Options (Right to Buy)
Exercise: $19.64Exp: 2024-12-15→ Common Stock (2,751 underlying) - 5,674
Stock Options (Right to Buy)
Exercise: $19.64Exp: 2025-12-21→ Common Stock (5,674 underlying) - 6,621
Stock Options (Right to Buy)
Exercise: $22.28Exp: 2026-06-20→ Common Stock (6,621 underlying) - 23,173
Stock Options (Right to Buy)
Exercise: $33.23Exp: 2031-02-16→ Common Stock (23,173 underlying) - 18,538
Stock Options (Right to Buy)
Exercise: $31.72Exp: 2027-12-18→ Common Stock (18,538 underlying) - 23,013(indirect: BY ISSUER RETIREMENT PLAN)
Common Stock
- 23,173
Stock Options (Right to Buy)
Exercise: $37.76Exp: 2029-12-16→ Common Stock (23,173 underlying) - 4,568
Stock Options (Right to Buy)
Exercise: $23.64Exp: 2026-12-19→ Common Stock (4,568 underlying) - 16,552
Stock Options (Right to Buy)
Exercise: $37.01Exp: 2028-12-18→ Common Stock (16,552 underlying)
Footnotes (7)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Represents the number of common stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the restricted stock units and does not represent a sale.
- [F3]On February 27, 2023, total 21,248 shares that were held under KSOP rolled over to issuer's retirement plan.
- [F4]Granted on February 17, 2023, with 2,226 shares vesting on each of the vesting dates of August 18, 2023, August 19, 2024, and August 19, 2025.
- [F5]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.
- [F6]Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
- [F7]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.
Documents
Issuer
Origin Bancorp, Inc.
CIK 0001516912
Entity typeother
Related Parties
1- filerCIK 0001938364
Filing Metadata
- Form type
- 4
- Filed
- Aug 21, 8:00 PM ET
- Accepted
- Aug 22, 1:09 PM ET
- Size
- 22.2 KB