4//SEC Filing
Losch William C III 4
Accession 0001578563-25-000388
CIK 0001462120other
Filed
Aug 26, 8:00 PM ET
Accepted
Aug 27, 4:12 PM ET
Size
15.5 KB
Accession
0001578563-25-000388
Insider Transaction Report
Form 4
Losch William C III
President
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-08-25−50,000→ 150,000 total→ Voting Common Stock (50,000 underlying) - Exercise/Conversion
Voting Common Stock
2025-08-25+50,000→ 212,794 total - Tax Payment
Voting Common Stock
2025-08-25$37.70/sh−22,221$837,732→ 190,573 total
Holdings
- 42,000
Restricted Stock Units
→ Voting Common Stock (42,000 underlying) - 44,066
Restricted Stock Units
→ Voting Common Stock (44,066 underlying) - 2,528
Restricted Stock Units
→ Voting Common Stock (2,528 underlying) - 45,153
Restricted Stock Units
→ Voting Common Stock (45,153 underlying) - 53,769
Restricted Stock Units
→ Voting Common Stock (53,769 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 August 25, 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 August 10, 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 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.
Documents
Issuer
Live Oak Bancshares, Inc.
CIK 0001462120
Entity typeother
Related Parties
1- filerCIK 0001453279
Filing Metadata
- Form type
- 4
- Filed
- Aug 26, 8:00 PM ET
- Accepted
- Aug 27, 4:12 PM ET
- Size
- 15.5 KB