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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1462120	Live Oak Bancshares Inc.	LOB	National Commercial Banks (6021)	NC

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1045064	K H Landis	1741 Tiburon Drive Wilmington NC 28403		Yes	No	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	2018-12-12	2,000	$14.13	195,310	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	Restricted Stock Units	$0.00			2,000	2,000	Direct
Voting Common Stock	Stock Option (right to buy)	$4.40		2024-03-26	30,000	30,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	2,000	2,000	Direct
2024-03-26	30,000	30,000	Direct

Footnotes

This transaction was executed in multiple trades at prices ranging from $14.1179 to $14.159. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected.
Each restricted stock unit represents a contingent right to receive one share of Live Oak Bancshares, Inc. voting common stock.
The restricted stock units vest on May 15, 2019.
The shares subject to this option vest and become exercisable yearly in seven installments beginning on March 26, 2015, as follows: 10% of the shares subject to the option vest on each of March 26, 2015, 2016, 2017, 2018, and 2019; and 25% of the shares subject to the option vest on each of March 26, 2020 and 2021.