Gregory Garrabrants - Aug 25, 2021 Form 4 Insider Report for Axos Financial, Inc. (AX)

Role
President and CEO, Director
Signature
By: Andrew J. Micheletti For: Gregory Garrabrants
Stock symbol
AX
Transactions as of
Aug 25, 2021
Transactions value $
$0
Form type
4
Date filed
8/27/2021, 04:50 PM
Previous filing
Jul 1, 2021
Next filing
Jul 5, 2022

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 Award $0 +478K +398.63% $0.00 598K Aug 25, 2021 Common Stock 478K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant to the reporting person on August 25, 2021 of restricted stock units ("RSUs") under the Axos Financial, Inc. 2014 stock incentive plan in connection with the reporting person's employment contract as Chief Executive Officer.
F2 Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock.
F3 The RSUs vest over four years, one-fourth on each fiscal year-end following the date of grant.