Paul Grinberg - 01 Aug 2022 Form 4 Insider Report for Axos Financial, Inc. (AX)

Role
Director
Signature
By: Derrick K. Walsh For: Paul Grinberg
Issuer symbol
AX
Transactions as of
01 Aug 2022
Net transactions value
+$217,116
Form type
4
Filing time
03 Aug 2022, 20:59:16 UTC
Previous filing
12 Nov 2021
Next filing
17 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AX Common Stock Options Exercise $339,621 +8,067 +15% $42.10 62,734 01 Aug 2022 Direct F1
transaction AX Common Stock Sale $122,504 -2,985 -4.8% $41.04 59,749 01 Aug 2022 Direct F2

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 -8,067 -20% $0.000000 32,950 01 Aug 2022 Common Stock 8,067 Direct F3, F4
* 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 01, 2022, 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 These transactions were executed in multiple trades, at prices ranging from $40.79 to $41.27. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold and the prices at which each trade was effected.
F3 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.
F4 The RSUs vest as to one-third of the shares on each anniversary date of grant.