Tonya Williams Bradford - 11 May 2021 Form 4 Insider Report for Live Oak Bancshares, Inc. (LOB)

Role
Director
Signature
/s/ Jonathan A. Greene, by Power of Attorney
Issuer symbol
LOB
Transactions as of
11 May 2021
Net transactions value
$0
Form type
4
Filing time
12 May 2021, 18:47:19 UTC
Next filing
17 Nov 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LOB Restricted Stock Units Award $0 +1,229 $0.000000 1,229 11 May 2021 Voting Common Stock 1,229 Direct F1, F2
holding LOB Restricted Stock Units 1,291 11 May 2021 Voting Common Stock 1,291 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Live Oak Bancshares, Inc. voting common stock.
F2 The restricted stock units vest on May 1, 2022.
F3 The restricted stock units vest on November 16, 2021.