Yousef A. Valine - 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, 17:50:06 UTC
Previous filing
15 Nov 2022
Next filing
14 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LOB Voting Common Stock 1,500 16 May 2023 By Valine Revocable Living Trust

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 1,503 16 May 2023 Voting Common Stock 1,503 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 November 13, 2023.