Mann Stephanie 4
4 · Live Oak Bancshares, Inc. · Filed Feb 25, 2025
Insider Transaction Report
Form 4
Mann Stephanie
Chief Strategy Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-02-24−2,000→ 2,000 total→ Voting Common Stock (2,000 underlying) - Tax Payment
Voting Common Stock
2025-02-24$31.99/sh−589$18,842→ 42,195 total - Exercise/Conversion
Voting Common Stock
2025-02-24+2,000→ 42,784 total
Holdings
- 3,160
Restricted Stock Units
→ Voting Common Stock (3,160 underlying) - 35,846
Restricted Stock Units
→ Voting Common Stock (35,846 underlying) - 7,839
Restricted Stock Units
→ Voting Common Stock (7,839 underlying) - 5,562
Restricted Stock Units
→ Voting Common Stock (5,562 underlying) - 9,013
Restricted Stock Units
→ Voting Common Stock (9,013 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]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.
- [F3]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.
- [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 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 February 10, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date.