Derraik Renato 4
4 · Live Oak Bancshares, Inc. · Filed Feb 18, 2025
Insider Transaction Report
Form 4
Derraik Renato
Chief Info./Digital Off., Bank
Transactions
- Exercise/Conversion
Voting Common Stock
2025-02-14+17,923→ 57,623 total - Exercise/Conversion
Voting Common Stock
2025-02-14+1,580→ 51,238 total - Tax Payment
Voting Common Stock
2025-02-14$33.93/sh−703$23,853→ 50,535 total - Tax Payment
Voting Common Stock
2025-02-14$34.92/sh−7,965$278,138→ 49,658 total - Exercise/Conversion
Restricted Stock Units
2025-02-14−17,923→ 53,769 total→ Voting Common Stock (17,923 underlying) - Exercise/Conversion
Restricted Stock Units
2025-02-14−1,580→ 3,160 total→ Voting Common Stock (1,580 underlying)
Holdings
- 17,025
Restricted Stock Units
→ Voting Common Stock (17,025 underlying) - 15,678
Restricted Stock Units
→ Voting Common Stock (15,678 underlying) - 50,000
Restricted Stock Units
→ Voting Common Stock (50,000 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 13, 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 February 14, 2023, 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 10, 2026, 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 12, 2025, 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 10, 2022, subject to the reporting person's continuous service to the Company or a related entity on such date.