Brian Swanson - Sep 15, 2024 Form 4 Insider Report for Axos Financial, Inc. (AX)

Role
EVP, Head of Consumer Bank
Signature
By: Derrick K. Walsh For: Brian Swanson
Stock symbol
AX
Transactions as of
Sep 15, 2024
Transactions value $
$40,954
Form type
4
Date filed
9/17/2024, 04:20 PM
Previous filing
Aug 28, 2024
Next filing
Sep 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AX Common Stock Options Exercise $88.4K +1.4K +2.84% $63.20 50.6K Sep 15, 2024 Direct F1
transaction AX Common Stock Disposed to Issuer -$47.5K -751 -1.48% $63.20 49.8K Sep 15, 2024 Direct F2
holding AX Common Stock 2.58K Sep 15, 2024 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 Award $0 +2.69K +17.42% $0.00 18.1K Sep 15, 2024 Common Stock 2.69K Direct F3, F4, F5
transaction AX Restricted Stock Units Options Exercise $0 -1.4K -7.72% $0.00 16.7K Sep 15, 2024 Common Stock 1.4K Direct F4, 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 September 15, 2024, 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 Amended and Restated 2014 Stock Incentive Plan.
F2 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.
F3 Grant to the reporting person on September 15, 2024 of restricted stock units ("RSUs") under the Axos Financial, Inc. 2014 Stock Incentive Plan.
F4 Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock.
F5 The RSUs vest as to one-third of the shares on each anniversary date of grant.
F6 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.