Thomas Constantine - Sep 6, 2021 Form 4 Insider Report for Axos Financial, Inc. (AX)

Role
EVP and Chief Credit Officer
Signature
By: Andrew J. Micheletti For: Thomas Constantine
Stock symbol
AX
Transactions as of
Sep 6, 2021
Transactions value $
-$54,093
Form type
4
Date filed
9/9/2021, 06:23 PM
Previous filing
Sep 1, 2021
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AX Common Stock Options Exercise $0 +2.22K +14.34% $0.00 17.7K Sep 6, 2021 Direct F1, F2
transaction AX Common Stock Disposed to Issuer -$54.1K -1.15K -6.47% $47.16 16.6K Sep 6, 2021 Direct F3
holding AX Common Stock 1.53K Sep 6, 2021 401(k) Plan

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 -2.22K -8.84% $0.00 22.9K Sep 6, 2021 Common Stock 2.22K Direct F2, 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 September 6, 2021, following the vesting of Restricted Stock Units ("RSUs") which vest as to one-third of the shares on each anniversary of the date of grant. The RSUs were previously granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plan.
F2 Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock.
F3 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.
F4 The RSUs were granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plan. The RSUs are accompanied by dividend equivalent rights.
F5 The RSUs vest as to one-third of the shares on each anniversary date of grant.