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Filing Details

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
1647097	William J. Holt	1741 Tiburon Drive Wilmington NC 28403	Chief Revenue 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	Disposition	2015-08-04	45,000	$20.18	25,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	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		2024-09-09	100,000	100,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2024-09-09	100,000	100,000	Direct

Footnotes

The sales price represents the weighted average sales price ranging in price from $20.00 to $20.35. The number of shares sold at each separate price will be made available to the SEC Staff, the issuer, or a security holder of the issuer upon request.
This amendment is being filed solely to correct the Amount of Securities Beneficially Owned Following Reported Transaction reported in column 5 of Table I. This amount was erroneously listed as 25,500 shares due to a typographical error. The correct amount is 25,000 shares.
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.