Mann Stephanie 4
4 · Live Oak Bancshares, Inc. · Filed Feb 18, 2025
Insider Transaction Report
Form 4
Mann Stephanie
Chief Strategy Officer
Transactions
- Exercise/Conversion
Voting Common Stock
2025-02-14+11,949→ 43,184 total - Tax Payment
Voting Common Stock
2025-02-14$34.92/sh−3,514$122,709→ 39,670 total - Exercise/Conversion
Voting Common Stock
2025-02-14+1,580→ 41,250 total - Tax Payment
Voting Common Stock
2025-02-14$33.93/sh−466$15,811→ 40,784 total - Exercise/Conversion
Restricted Stock Units
2025-02-14−11,949→ 35,846 total→ Voting Common Stock (11,949 underlying) - Exercise/Conversion
Restricted Stock Units
2025-02-14−1,580→ 3,160 total→ Voting Common Stock (1,580 underlying)
Holdings
- 4,000
Restricted Stock Units
→ Voting Common Stock (4,000 underlying) - 9,013
Restricted Stock Units
→ Voting Common Stock (9,013 underlying) - 7,839
Restricted Stock Units
→ Voting Common Stock (7,839 underlying) - 5,562
Restricted Stock Units
→ Voting Common Stock (5,562 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]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.
- [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]1,112 of the RSUs vested on each of February 10, 2023 and 2025; 1,113 of the RSUs vested on February 10, 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.
- [F7]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.