Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LOB | Voting Common Stock | Purchase | $30.4K | +1K | +0.6% | $30.45 | 167K | Dec 15, 2022 | By William H. Cameron Revocable Trust | F1 |
holding | LOB | Voting Common Stock | 1.23K | Dec 15, 2022 | Direct | ||||||
holding | LOB | Voting Common Stock | 470 | Dec 15, 2022 | By GST-Exempt Trust |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | LOB | Restricted Stock Units | 2.05K | Dec 15, 2022 | Voting Common Stock | 2.05K | Direct | F2, F3 | ||||||
holding | LOB | Stock Option (right to buy) | 30K | Dec 15, 2022 | Voting Common Stock | 30K | $4.40 | Direct | F4 |
Id | Content |
---|---|
F1 | This transaction was executed in multiple trades at prices ranging from $30.43 to $30.446. 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 | Each restricted stock unit represents a contingent right to receive one share of Live Oak Bancshares, Inc. voting common stock. |
F3 | The restricted stock units vest on May 1, 2023. |
F4 | The shares subject to this option vested and became exercisable yearly in seven installments beginning on March 26, 2015, as follows: 10% of the shares subject to the option vested on each of March 26, 2015, 2016, 2017, 2018, and 2019; and 25% of the shares subject to the option vested on each of March 26, 2020 and 2021. |