Derek McGee - Feb 18, 2022 Form 4 Insider Report for Origin Bancorp, Inc. (OBK)

Role
Chief Legal Counsel
Signature
/s/ Drake Mills, as Attorney-in-Fact
Stock symbol
OBK
Transactions as of
Feb 18, 2022
Transactions value $
$0
Form type
4
Date filed
2/23/2022, 12:08 PM
Previous filing
Jan 5, 2022
Next filing
Feb 22, 2023

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 OBK Restricted Stock Units Award $0 +13.7K $0.00 13.7K Feb 18, 2022 Common Stock 13.7K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the contingent right to receive, at settlement, one share of the issuer's common stock or cash equal to the fair value thereof (calculated pursuant to the incentive agreement), as determined by the issuer.
F2 11,168 of these restricted stock units will vest ratably over five years and 2,512 will vest ratably over three years, in each case with a first vest date of February 18, 2023. The restricted stock units will settle as soon as administratively possible following the applicable vesting date, but in any event within 30 days thereof.