Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LBC | Common Stock | Tax liability | -$94.1K | -9.79K | -16.47% | $9.61 | 49.7K | Feb 20, 2024 | Direct | F1, F2 |
holding | LBC | Common Stock | 196K | Feb 20, 2024 | By Self as Trustee of the Allan and Lagomarsino Revocable Trust UAD 2/10/2017, as amended | F2, F3 |
Id | Content |
---|---|
F1 | Reflects payment of tax liability by withholding shares of stock incident to accelerated vesting of restricted stock or the release of restricted stock units previously issued. The accelerated vesting or the release of stock was in connection with the Agreement and Plan of Reorganization between the Issuer and WaFd, Inc. ("WaFd", f/k/a Washington Federal, Inc.), dated November 13, 2022, as amended, pursuant to which the Issuer plans to merge with and into WaFd on or about February 29, 2024. |
F2 | On 1/11/2024, 21,775 shares previously held by the reporting person directly were transferred into the Allan and Lagomarsino Revocable Trust UAD 2/10/2017 (the "Trust") in a transaction exempt from Section 16 reporting pursuant to Rule 16a-13. |
F3 | Shares of Common Stock are held by Ms. Lagomarsino as Trustee of the Allan and Lagomarsino Revocable Trust UAD 2/10/2017, as amended. Ms. Lagomarsino possesses the voting and investment power with respect to the shares of Common Stock held by the trust. |