4//SEC Filing
Derraik Renato 4
Accession 0001578563-25-000062
CIK 0001462120other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 5:04 PM ET
Size
14.0 KB
Accession
0001578563-25-000062
Insider Transaction Report
Form 4
Derraik Renato
Chief Info./Digital Off., Bank
Transactions
- Exercise/Conversion
Voting Common Stock
2025-02-12+4,256→ 41,700 total - Tax Payment
Voting Common Stock
2025-02-12$34.80/sh−2,000$69,600→ 39,700 total - Exercise/Conversion
Restricted Stock Units
2025-02-12−4,256→ 17,025 total→ Voting Common Stock (4,256 underlying)
Holdings
- 4,740
Restricted Stock Units
→ Voting Common Stock (4,740 underlying) - 15,678
Restricted Stock Units
→ Voting Common Stock (15,678 underlying) - 50,000
Restricted Stock Units
→ Voting Common Stock (50,000 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 February 12, 2025, 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 equal 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.
Documents
Issuer
Live Oak Bancshares, Inc.
CIK 0001462120
Entity typeother
Related Parties
1- filerCIK 0001864098
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 5:04 PM ET
- Size
- 14.0 KB