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

Role
Director
Signature
/s/ Jonathan A. Greene, by Power of Attorney
Stock symbol
LOB
Transactions as of
May 11, 2021
Transactions value $
$0
Form type
4
Date filed
5/12/2021, 06:47 PM
Next filing
Nov 17, 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 +1.23K $0.00 1.23K May 11, 2021 Voting Common Stock 1.23K Direct F1, F2
holding LOB Restricted Stock Units 1.29K May 11, 2021 Voting Common Stock 1.29K 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.