Losch William C III 4
4 · Live Oak Bancshares, Inc. · Filed Feb 18, 2025
Insider Transaction Report
Form 4
Losch William C III
President
Transactions
- Exercise/Conversion
Voting Common Stock
2025-02-14+17,923→ 146,722 total - Tax Payment
Voting Common Stock
2025-02-14$33.93/sh−562$19,069→ 139,459 total - Exercise/Conversion
Restricted Stock Units
2025-02-14−1,264→ 2,528 total→ Voting Common Stock (1,264 underlying) - Tax Payment
Voting Common Stock
2025-02-14$34.92/sh−7,965$278,138→ 138,757 total - Exercise/Conversion
Voting Common Stock
2025-02-14+1,264→ 140,021 total - Exercise/Conversion
Restricted Stock Units
2025-02-14−17,923→ 53,769 total→ Voting Common Stock (17,923 underlying)
Holdings
- 84,000
Restricted Stock Units
→ Voting Common Stock (84,000 underlying) - 45,153
Restricted Stock Units
→ Voting Common Stock (45,153 underlying) - 44,066
Restricted Stock Units
→ Voting Common Stock (44,066 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 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 August 10, 2022, 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 10, 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 12, 2025, 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 August 25, 2024, subject to the reporting person's continuous service to the Company or a related entity on such date.