James J. Court - Aug 31, 2022 Form 4 Insider Report for Axos Financial, Inc. (AX)

Role
Director
Signature
By: Derrick K. Walsh For: James Court
Stock symbol
AX
Transactions as of
Aug 31, 2022
Transactions value $
$89,409
Form type
4
Date filed
9/2/2022, 08:46 PM
Previous filing
Aug 17, 2022
Next filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AX Common Stock Options Exercise $214K +5.13K +11.27% $41.78 50.7K Aug 31, 2022 Direct F1, F2
transaction AX Common Stock Sale -$125K -3.08K -6.08% $40.60 47.6K Sep 1, 2022 Direct F3
holding AX Common Stock 1.2K Aug 31, 2022 by Spouse F4

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 -5.13K -26.92% $0.00 13.9K Aug 31, 2022 Common Stock 5.13K Direct F2, F5, F6
* 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 31, 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 Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock.
F3 These transactions were executed in multiple trades, at prices ranging from $40.36 to $41.34. 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.
F4 IRA account for Susan M Court
F5 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.
F6 The RSUs vest as to one-third of the shares on each anniversary date of grant.