David G. Lucht - Nov 5, 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
Nov 5, 2021
Transactions value $
$0
Form type
4
Date filed
11/17/2021, 04:11 PM
Previous filing
May 12, 2021
Next filing
Jan 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOB Voting Common Stock Gift $0 -500 -3.27% $0.00 14.8K Nov 5, 2021 Direct
transaction LOB Voting Common Stock Gift $0 -500 -3.38% $0.00 14.3K Nov 10, 2021 Direct

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
holding LOB Restricted Stock Units 1.23K Nov 5, 2021 Voting Common Stock 1.23K Direct F1, F2
holding LOB Restricted Stock Units 246 Nov 5, 2021 Voting Common Stock 246 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 ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock.
F2 The RSUs vest on May 1, 2022.
F3 The RSUs vest in full on February 22, 2022, subject to the reporting person's continuous service to the Company or a related entity on such date.