4//SEC Filing
Losch William C III 4
Accession 0001578563-25-000045
CIK 0001462120other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 6:48 PM ET
Size
13.4 KB
Accession
0001578563-25-000045
Insider Transaction Report
Form 4
Losch William C III
President
Transactions
- Award
Restricted Stock Units
2025-02-10+45,153→ 45,153 total→ Voting Common Stock (45,153 underlying)
Holdings
- 3,792
Restricted Stock Units
→ Voting Common Stock (3,792 underlying) - 122,740
Voting Common Stock
- 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) - 200,000
Restricted Stock Units
→ Voting Common Stock (200,000 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]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 pro rata 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 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.
- [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 0001453279
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 6:48 PM ET
- Size
- 13.4 KB