4//SEC Filing
Mann Stephanie 4
Accession 0001578563-24-000133
CIK 0001462120other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 5:16 PM ET
Size
15.6 KB
Accession
0001578563-24-000133
Insider Transaction Report
Form 4
Mann Stephanie
Chief Strategy Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-02-23−2,000→ 4,000 total→ Voting Common Stock (2,000 underlying) - Exercise/Conversion
Voting Common Stock
2024-02-23+2,000→ 29,500 total - Tax Payment
Voting Common Stock
2024-02-23$39.30/sh−589$23,148→ 28,911 total
Holdings
- 6,674
Restricted Stock Units
→ Voting Common Stock (6,674 underlying) - 47,795
Restricted Stock Units
→ Voting Common Stock (47,795 underlying) - 11,266
Restricted Stock Units
→ Voting Common Stock (11,266 underlying) - 174
Restricted Stock Units
→ Voting Common Stock (174 underlying) - 4,740
Restricted Stock Units
→ Voting Common Stock (4,740 underlying)
Footnotes (7)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock.
- [F2]2,000 of the RSUs will vest on each of February 22, 2023, 2024, 2025, and 2026, subject to the reporting person's continuous service to the Company or a related entity on such date.
- [F3]1,112 of the RSUs will vest on each of February 10, 2023 and 2025; 1,113 of the RSUs vested on February 12, 2024; 2,780 of the RSUs will vest on February 10, 2026; and 2,782 of the RSUs will vest on February 10, 2027, subject to the reporting person's continuous service to the Company or a related entity on such date.
- [F4]173 of the RSUs vested on February 10, 2023, 174 of the RSUs vested on February 12, 2024 and 174 of the RSUs will vest on on February 10, 2025, subject to the reporting person's continuous service to the Company or a related entity on such date.
- [F5]The RSUs vest in five equal annual installments beginning on February 14, 2023, subject to the reporting person's continuous service to the Company or a related entity on such date.
- [F6]The RSUs vest in five pro rata annual installments beginning on February 13, 2024, subject to the reporting person's continuous service to the Company or a related entity on such date.
- [F7]The RSUs vest in five pro rata annual installments beginning on February 12, 2025, subject to the reporting person's continuous service to the Company or a related entity on such date.
Documents
Issuer
Live Oak Bancshares, Inc.
CIK 0001462120
Entity typeother
Related Parties
1- filerCIK 0001937537
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 5:16 PM ET
- Size
- 15.6 KB