Filing Details

Accession Number:
0001209191-21-055447
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-10 16:22:57
Reporting Period:
2021-09-08
Accepted Time:
2021-09-10 16:22:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1462120 Live Oak Bancshares Inc. LOB () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1453279 Iii C William Losch 1741 Tiburon Drive
Wilmington NC 28403
Chief Financial 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 2021-09-08 3,500 $57.08 3,500 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 $0.00 210,000 210,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
210,000 210,000 Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $56.98 to $57.31. 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 transactions were effected.
  2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock.
  3. 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.