4//SEC Filing
Phifer Walter J 4
Accession 0001578563-25-000369
CIK 0001462120other
Filed
Aug 19, 8:00 PM ET
Accepted
Aug 20, 4:19 PM ET
Size
14.8 KB
Accession
0001578563-25-000369
Insider Transaction Report
Form 4
Phifer Walter J
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2025-08-18+14,581→ 14,581 total→ Voting Common Stock (14,581 underlying)
Holdings
- 5,743
Voting Common Stock
- 4,716
Restricted Stock Units
→ Voting Common Stock (4,716 underlying) - 9,264
Restricted Stock Units
→ Voting Common Stock (9,264 underlying) - 69
Restricted Stock Units
→ Voting Common Stock (69 underlying) - 6,160
Employee Stock Option (right to buy)
Exercise: $13.59Exp: 2026-02-16→ Voting Common Stock (6,160 underlying) - 471
Restricted Stock Units
→ Voting Common Stock (471 underlying) - 8,012
Restricted Stock Units
→ Voting Common Stock (8,012 underlying)
Footnotes (8)
- [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 August 18, 2026, 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 22, 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 December 15, 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 December 9, 2023, 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.
- [F8]The shares subject to this option vested and became exercisable yearly in seven installments beginning on February 16, 2017, as follows: 10% of the shares subject to the option vested on each of February 16, 2017, 2018, 2019, 2020, and 2021; 25% of the shares subject to the option vested on each of February 16, 2022 and 2023.
Documents
Issuer
Live Oak Bancshares, Inc.
CIK 0001462120
Entity typeother
Related Parties
1- filerCIK 0002006943
Filing Metadata
- Form type
- 4
- Filed
- Aug 19, 8:00 PM ET
- Accepted
- Aug 20, 4:19 PM ET
- Size
- 14.8 KB