Casey S. Crawford - 16 May 2023 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 May 2023
Net transactions value
$0
Form type
4
Filing time
18 May 2023, 17:47:49 UTC
Previous filing
24 Aug 2022
Next filing
06 Sep 2023
SEC
View on sec.gov

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 +3,625 $0.000000 3,625 16 May 2023 Voting Common Stock 3,625 Direct F1, F2
holding LOB Restricted Stock Units 1,881 16 May 2023 Voting Common Stock 1,881 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. voting common stock.
F2 The RSUs vest on May 1, 2024.
F3 The RSUs vest on August 21, 2023.