Moore Preston 4
4 · Origin Bancorp, Inc. · Filed Feb 19, 2025
Insider Transaction Report
Form 4
Moore Preston
Chief Credit & Banking Officer
Transactions
- Exercise/Conversion
Common Stock
2025-02-17+799→ 45,814 total - Disposition to Issuer
Common Stock
2025-02-17−799→ 45,015 total - Exercise/Conversion
Common Stock
2025-02-18+586→ 45,601 total - Award
Common Stock
2025-02-18+1,123→ 46,724 total - Exercise/Conversion
Restricted Stock Units
2025-02-17−799→ 799 total→ Common Stock (799 underlying) - Award
Deferred Stock Units
2025-02-17+799→ 1,597 total→ Common Stock (799 underlying) - Exercise/Conversion
Restricted Stock Units
2025-02-18−586→ 0 total→ Common Stock (586 underlying)
Holdings
- 13,760(indirect: BY ISSUER RETIREMENT PLAN)
Common Stock
- 1,500(indirect: By IRA)
Common Stock
Footnotes (8)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Includes 971 shares of Common Stock purchased pursuant to the Origin Bancorp, Inc. 2021 Employee Stock Purchase Plan ("ESPP"), for the purchase period of June 01, 2023 to May 31, 2024.
- [F3]In connection with the vesting on February 17, 2025, of 799 restricted stock units ("RSUs") previously granted to the reporting person, all 799 shares of common stock was deferred, resulting in the reporting person's receipt of 799 deferred stock units ("DSUs") pursuant to the issuer's Long Term Equity Deferred Compensation Plan. The reporting person is therefore reporting the disposition of 799 shares of common stock in exchange for an equal number of DSUs.
- [F4]Represents performance stock units vested on February 18, 2025, upon achieving predetermined performance metrics during the three-year performance period, which were granted on February 18, 2022.
- [F5]Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
- [F6]Each DSU represents a right to receive, at settlement, one share of common stock of the issuer.
- [F7]The DSUs become payable in annual installments over five years while in active service, beginning as soon as feasible after June 1, 2028.
- [F8]Granted on February 18, 2022, vesting ratably over three years with the first vest date of February 18, 2023.