Filing Details
- Accession Number:
- 0001209191-21-063416
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-11-08 17:21:44
- Reporting Period:
- 2021-11-04
- Accepted Time:
- 2021-11-08 17:21:44
- 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 |
---|---|---|---|---|---|---|---|
1545352 | Beth Diane Glossman | 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 | Disposition | 2021-11-04 | 7,500 | $97.90 | 54,252 | 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 | 1,229 | 1,229 | Direct | ||
Voting Common Stock | Stock Option (right to buy) | $10.63 | 2024-09-19 | 7,500 | 7,500 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
1,229 | 1,229 | Direct | |
2024-09-19 | 7,500 | 7,500 | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $97.782815 to $98.060502. 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 1, 2022.
- The shares subject to this option vested and became exercisable yearly in seven installments beginning on September 19, 2015, as follows: 10% of the shares subject to the option vested on each of September 19, 2015, 2016, 2017, 2018, and 2019; and 25% of the shares subject to the option vested on each of September 19, 2020 and 2021.