Neil Lawrence Underwood - Nov 22, 2021 Form 4 Insider Report for Live Oak Bancshares, Inc. (LOB)

Role
President, Director
Signature
/s/ Jonathan A. Greene, by Power of Attorney
Stock symbol
LOB
Transactions as of
Nov 22, 2021
Transactions value $
-$7,722,148
Form type
4
Date filed
11/24/2021, 03:11 PM
Previous filing
Aug 31, 2021
Next filing
Dec 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOB Voting Common Stock Sale -$5.94M -61.6K -4.1% $96.40 1.44M Nov 22, 2021 By Neil L. Underwood Revocable Trust F1
transaction LOB Voting Common Stock Sale -$1.1M -11.3K -0.79% $97.54 1.43M Nov 22, 2021 By Neil L. Underwood Revocable Trust F2
transaction LOB Voting Common Stock Sale -$679K -6.93K -0.48% $98.07 1.42M Nov 22, 2021 By Neil L. Underwood Revocable Trust F3
holding LOB Voting Common Stock 155K Nov 22, 2021 By Linda D. Underwood Revocable Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $96.00 to $96.99. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
F2 This transaction was executed in multiple trades at prices ranging from $97.00 to $97.99. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
F3 This transaction was executed in multiple trades at prices ranging from $98.00 to $98.37. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
F4 Includes 105,086 shares previously reported as held by the Neil L. Underwood Revocable Trust. The reporting person has transferred these shares to the Linda D. Underwood Revocable Trust.