Mann Stephanie 4
4 · Live Oak Bancshares, Inc. · Filed Feb 12, 2025
Insider Transaction Report
Form 4
Mann Stephanie
Chief Strategy Officer
Transactions
- Exercise/Conversion
Voting Common Stock
2025-02-10+174→ 29,810 total - Tax Payment
Voting Common Stock
2025-02-10$35.08/sh−61$2,140→ 29,749 total - Exercise/Conversion
Restricted Stock Units
2025-02-10−1,112→ 5,562 total→ Voting Common Stock (1,112 underlying) - Exercise/Conversion
Voting Common Stock
2025-02-10+1,112→ 30,023 total - Tax Payment
Voting Common Stock
2025-02-10$35.08/sh−387$13,576→ 29,636 total - Award
Restricted Stock Units
2025-02-10+7,839→ 7,839 total→ Voting Common Stock (7,839 underlying) - Exercise/Conversion
Restricted Stock Units
2025-02-10−174→ 0 total→ Voting Common Stock (174 underlying)
Holdings
- 4,740
Restricted Stock Units
→ Voting Common Stock (4,740 underlying) - 47,795
Restricted Stock Units
→ Voting Common Stock (47,795 underlying) - 4,000
Restricted Stock Units
→ Voting Common Stock (4,000 underlying) - 11,266
Restricted Stock Units
→ Voting Common Stock (11,266 underlying)
Footnotes (8)
- [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]1,112 of the RSUs vested on each of February 10, 2023 and 2025; 1,113 of the RSUs vested on February 12, 2024; 2,780 of the RSUs will vest on February 10, 2026; and 2,782 of the RSUs will vest on February 10, 2027, subject to the reporting person's continuous service to the Company or a related entity on such date.
- [F4]173 of the RSUs vested on February 10, 2023 and 174 of the RSUs vested on each of February 12, 2024 and February 10, 2025.
- [F5]2,000 of the RSUs will vest on each of February 22, 2023, 2024, 2025, and 2026, 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 February 14, 2023, subject to the reporting person's continuous service to the Company or a related entity on such date.
- [F7]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.
- [F8]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.