Tonya Williams Bradford - 16 Nov 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
16 Nov 2021
Net transactions value
$0
Form type
4
Filing time
17 Nov 2021, 16:07:16 UTC
Previous filing
12 May 2021
Next filing
11 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOB Voting Common Stock Options Exercise +1,291 1,291 16 Nov 2021 Direct F1

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 Options Exercise $0 -1,291 -100% $0.000000* 0 16 Nov 2021 Voting Common Stock 1,291 Direct F1, F2
holding LOB Restricted Stock Units 1,229 16 Nov 2021 Voting Common Stock 1,229 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 vested on November 16, 2021.
F3 The restricted stock units vest on May 1, 2022.