Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | LOB | Voting Common Stock | 114K | May 16, 2023 | Direct |
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 | +3.63K | $0.00 | 3.63K | May 16, 2023 | Voting Common Stock | 3.63K | Direct | F1, F2 | ||
holding | LOB | Stock Option (right to buy) | 15K | May 16, 2023 | Voting Common Stock | 15K | $4.40 | Direct | F3 |
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 vest on May 1, 2024. |
F3 | 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. |