Paul Grinberg - 31 Aug 2023 Form 4/A - Amendment Insider Report for Axos Financial, Inc. (AX)

Role
Director
Signature
By: Derrick K. Walsh For: Paul Grinberg
Issuer symbol
AX
Transactions as of
31 Aug 2023
Net transactions value
+$289,866
Form type
4/A - Amendment
Filing time
22 Sep 2023, 19:12:45 UTC
Date Of Original Report
22 Sep 2023
Previous filing
17 Aug 2023
Next filing
04 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AX Common Stock Options Exercise $260,694 +6,050 +4.9% $43.09 130,517 31 Aug 2023 Direct F1, F2
transaction AX Common Stock Options Exercise $318,866 +7,400 +5.7% $43.09 137,917 31 Aug 2023 Direct F1, F2
transaction AX Common Stock Disposed to Issuer $130,304 -3,024 -2.2% $43.09 134,893 31 Aug 2023 Direct F1, F3
transaction AX Common Stock Disposed to Issuer $159,390 -3,699 -2.7% $43.09 131,194 31 Aug 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The original Form 4, filed on September 5, 2023, is being amended by this Form 4 Amendment to increase the total number of shares held by the reporting person by 45,850 shares as a result of an error on a previous Form 4 as follows: on December 30, 2020, the reporting person filed a Form 4 which mistakenly reported that, following the gift, the reporting person would not retain beneficial ownership in the 45,850 shares subject to the gift. These shares were also omitted in the reporting person's beneficial ownership reports filed thereafter.
F2 Represents shares of Common Stock issued on August 31, 2023, 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.
F3 Represents shares of Common Stock retained by Axos Financial, Inc. in exchange for cash paid to the reporting person for tax liabilities in respect to the vested RSUs.