James J. Court - Aug 1, 2021 Form 4 Insider Report for Axos Financial, Inc. (AX)

Role
Director
Signature
By: Andrew J. Micheletti For: James Court
Stock symbol
AX
Transactions as of
Aug 1, 2021
Transactions value $
$69,765
Form type
4
Date filed
8/4/2021, 04:44 PM
Next filing
Sep 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AX Common Stock Options Exercise $140K +2.93K +7.34% $47.85 42.9K Aug 1, 2021 Direct F1
transaction AX Common Stock Tax liability -$70.6K -1.48K -3.44% $47.85 41.4K Aug 1, 2021 Direct F1, F2
holding AX Common Stock 1.2K Aug 1, 2021 by Spouse F3

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 AX Restricted Stock Units Options Exercise $0 -2.93K -16.66% $0.00 14.7K Aug 1, 2021 Common Stock 2.93K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock issued on August 1, 2021, following the vesting of Restricted Stock Units ("RSUs") which vest one-third each year. The RSUs were previously granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plan.
F2 Represents shares of Common Stock retained by Axos Financial, Inc. for tax withholding purposes in connection with the net-settlement on the issuance of shares of Common Stock in respect to the vested RSUs.
F3 IRA account for Susan M Court
F4 The RSUs were granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plan in connection with the reporting person's service as a member of the Board of Directors. Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock.
F5 The RSUs vest over three years, one-third on each anniversary date of grant.