4//SEC Filing
Losch William C III 4
Accession 0001578563-24-000395
CIK 0001462120other
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 5:20 PM ET
Size
14.1 KB
Accession
0001578563-24-000395
Insider Transaction Report
Form 4
Losch William C III
President
Transactions
- Tax Payment
Voting Common Stock
2024-08-26$42.52/sh−22,220$944,794→ 122,740 total - Exercise/Conversion
Voting Common Stock
2024-08-26+50,000→ 144,960 total - Exercise/Conversion
Restricted Stock Units
2024-08-26−50,000→ 200,000 total→ Voting Common Stock (50,000 underlying)
Holdings
- 84,000
Restricted Stock Units
→ Voting Common Stock (84,000 underlying) - 71,692
Restricted Stock Units
→ Voting Common Stock (71,692 underlying) - 55,082
Restricted Stock Units
→ Voting Common Stock (55,082 underlying) - 3,792
Restricted Stock Units
→ Voting Common Stock (3,792 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 25, 2024, 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 August 10, 2022, 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 14, 2023, 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 13, 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 27, 8:00 PM ET
- Accepted
- Aug 28, 5:20 PM ET
- Size
- 14.1 KB