4//SEC Filing
Losch William C III 4
Accession 0001578563-24-000375
CIK 0001462120other
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 5:16 PM ET
Size
14.1 KB
Accession
0001578563-24-000375
Insider Transaction Report
Form 4
Losch William C III
President
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-08-12−42,000→ 84,000 total→ Voting Common Stock (42,000 underlying) - Exercise/Conversion
Voting Common Stock
2024-08-12+42,000→ 113,625 total - Tax Payment
Voting Common Stock
2024-08-12$38.43/sh−18,665$717,296→ 94,960 total
Holdings
- 3,792
Restricted Stock Units
→ Voting Common Stock (3,792 underlying) - 55,082
Restricted Stock Units
→ Voting Common Stock (55,082 underlying) - 250,000
Restricted Stock Units
→ Voting Common Stock (250,000 underlying) - 71,692
Restricted Stock Units
→ Voting Common Stock (71,692 underlying)
Footnotes (6)
- [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 equal annual installments beginning on August 25, 2024, 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 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 0001453279
Filing Metadata
- Form type
- 4
- Filed
- Aug 13, 8:00 PM ET
- Accepted
- Aug 14, 5:16 PM ET
- Size
- 14.1 KB