Sirman Lori 4

Accession 0001516912-24-000021

CIK 0001516912other

Filed

Feb 20, 7:00 PM ET

Accepted

Feb 21, 8:17 PM ET

Size

22.1 KB

Accession

0001516912-24-000021

Form 4

Period: 2024-02-17

Director

Transactions

Tax Payment
Common Stock
2024-02-17$30.43/sh−211$6,421→ 81,662 total
Exercise/Conversion
Restricted Stock Units
2024-02-17−744→ 1,489 total
→ Common Stock (744 underlying)
Exercise/Conversion
Common Stock
2024-02-17+744→ 81,873 total

Holdings

Stock Options (Right to Buy)
Exercise: $23.64Exp: 2026-12-19→ Common Stock (4,568 underlying)
4,568
Common Stock
(indirect: By IRA)
8,829
Restricted Stock Units
→ Common Stock (4,452 underlying)
4,452
Stock Options (Right to Buy)
Exercise: $33.23Exp: 2031-02-16→ Common Stock (23,173 underlying)
23,173
Stock Options (Right to Buy)
Exercise: $19.64Exp: 2025-12-21→ Common Stock (5,674 underlying)
5,674
Stock Options (Right to Buy)
Exercise: $37.01Exp: 2028-12-18→ Common Stock (16,552 underlying)
16,552
Stock Options (Right to Buy)
Exercise: $37.76Exp: 2029-12-16→ Common Stock (23,173 underlying)
23,173
Stock Options (Right to Buy)
Exercise: $22.28Exp: 2026-06-20→ Common Stock (6,621 underlying)
6,621
Common Stock
(indirect: BY ISSUER RETIREMENT PLAN)
23,751
Stock Options (Right to Buy)
Exercise: $19.64Exp: 2024-12-15→ Common Stock (2,751 underlying)
2,751
Stock Options (Right to Buy)
Exercise: $31.72Exp: 2027-12-18→ Common Stock (18,538 underlying)
18,538

Footnotes (6)

[F1]Restricted stock units covert 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]Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
[F4]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.
[F5]Granted on February 17, 2023, with 2,226 shares vesting on each of the vesting dates of August 19, 2023, August 19, 2024, and August 19, 2025.
[F6]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

1 file

Origin Bancorp, Inc.

CIK 0001516912

Entity typeother