Filing Details
- Accession Number:
- 0001209191-15-062554
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-07-27 16:58:07
- Reporting Period:
- 2015-07-23
- Filing Date:
- 2015-07-27
- Accepted Time:
- 2015-07-27 16:58:07
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1462120 | Live Oak Bancshares Inc. | LOB | State Commercial Banks (6022) | 264596286 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1635154 | W. John Sutherland | 1741 Tiburon Drive Wilmington NC 28403 | Chief Accounting Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Voting Common Stock | Acquisiton | 2015-07-23 | 2,200 | $17.00 | 34,220 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Voting Common Stock | Employee Stock Option (right to buy) | $10.63 | 2024-09-19 | 18,000 | 18,000 | Direct | |
Voting Common Stock | Restricted Stock Units | $0.00 | 242 | 242 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2024-09-19 | 18,000 | 18,000 | Direct |
242 | 242 | Direct |
Footnotes
- The shares subject to this option vest and become exercisable yearly in seven installments beginning on September 19, 2015, as follows: 10% of the shares subject to the option vest on each of September 19, 2015, 2016, 2017, 2018, and 2019; and 25% of the shares subject to the option vest on each of September 19, 2020 and 2021
- Each restricted stock unit represents a right to receive one share of Live Oak Bancshares voting common stock.
- The restricted stock units vest in three equal annual installments beginning on January 30, 2016.