4//SEC Filing
Derraik Renato 4
Accession 0001578563-25-000043
CIK 0001462120other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 6:45 PM ET
Size
11.9 KB
Accession
0001578563-25-000043
Insider Transaction Report
Form 4
Derraik Renato
Chief Info./Digital Off., Bank
Transactions
- Award
Restricted Stock Units
2025-02-10+15,678→ 15,678 total→ Voting Common Stock (15,678 underlying)
Holdings
- 71,692
Restricted Stock Units
→ Voting Common Stock (71,692 underlying) - 37,444
Voting Common Stock
- 50,000
Restricted Stock Units
→ Voting Common Stock (50,000 underlying) - 4,740
Restricted Stock Units
→ Voting Common Stock (4,740 underlying) - 21,281
Restricted Stock Units
→ Voting Common Stock (21,281 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 pro rata annual installments beginning on February 10, 2026, 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 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.
- [F6]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 0001864098
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 6:45 PM ET
- Size
- 11.9 KB