Filing Details

Accession Number:
0001209191-21-062750
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-03 17:20:55
Reporting Period:
2021-11-01
Accepted Time:
2021-11-03 17:20:55
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
1737875 N Susan Janson 1741 Tiburon Drive
Wilmington NC 28403
Chief Risk Off., Live Oak Bank 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 2021-11-01 13,368 $85.69 28,630 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 Restricted Stock Units $0.00 8,009 8,009 Direct
Voting Common Stock Restricted Stock Units $0.00 1,973 1,973 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
8,009 8,009 Direct
1,973 1,973 Direct
Footnotes
  1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock.
  2. 2,002 of the RSUs will vest on each of February 10, 2022, 2023, and 2024; and 2,003 of the RSUs will vest on February 10, 2025, subject to the reporting person's continuous service to the Company or a related entity on such date.
  3. The RSUs vest in five equal annual installments beginning on February 22, 2022, subject to the reporting person's continuous service to the Company or a related entity on such date.