4//SEC Filing
Derraik Renato 4
Accession 0001578563-24-000373
CIK 0001462120other
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 5:14 PM ET
Size
12.6 KB
Accession
0001578563-24-000373
Insider Transaction Report
Form 4
Derraik Renato
Chief Info./Digital Off., Bank
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-08-12−25,000→ 50,000 total→ Voting Common Stock (25,000 underlying) - Tax Payment
Voting Common Stock
2024-08-12$38.43/sh−11,110$426,957→ 37,444 total - Exercise/Conversion
Voting Common Stock
2024-08-12+25,000→ 48,554 total
Holdings
- 4,740
Restricted Stock Units
→ Voting Common Stock (4,740 underlying) - 71,692
Restricted Stock Units
→ Voting Common Stock (71,692 underlying) - 21,281
Restricted Stock Units
→ Voting Common Stock (21,281 underlying)
Footnotes (5)
- [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]The RSUs vest in five equal annual installments beginning on August 10, 2022, subject to the reporting person's continuous service to the Company or a related entity on such date.
- [F3]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.
- [F4]The RSUs vest in five equal 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.
- [F5]The RSUs vest in five pro rata 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 0001864098
Filing Metadata
- Form type
- 4
- Filed
- Aug 13, 8:00 PM ET
- Accepted
- Aug 14, 5:14 PM ET
- Size
- 12.6 KB