Lori Sirman - Aug 1, 2022 Form 4 Insider Report for Origin Bancorp, Inc. (OBK)

Role
Director
Signature
/s/ Drake Mills, as Attorney-in-Fact
Stock symbol
OBK
Transactions as of
Aug 1, 2022
Transactions value $
$0
Form type
4
Date filed
8/3/2022, 05:03 PM
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OBK Common Stock Award +54.9K 54.9K Aug 1, 2022 Direct F1
transaction OBK Common Stock Award +8.83K 8.83K Aug 1, 2022 By IRA F2
transaction OBK Common Stock Award +19.9K 19.9K Aug 1, 2022 By KSOP F3

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 Stock Options (Right to Buy) Award $0 +23.2K $0.00 23.2K Aug 1, 2022 Common Stock 23.2K $15.11 Direct F4
transaction OBK Stock Options (Right to Buy) Award $0 +1.32K $0.00 1.32K Aug 1, 2022 Common Stock 1.32K $15.11 Direct F4
transaction OBK Stock Options (Right to Buy) Award $0 +2.75K $0.00 2.75K Aug 1, 2022 Common Stock 2.75K $19.64 Direct F4
transaction OBK Stock Options (Right to Buy) Award $0 +5.67K $0.00 5.67K Aug 1, 2022 Common Stock 5.67K $19.64 Direct F4
transaction OBK Stock Options (Right to Buy) Award $0 +6.62K $0.00 6.62K Aug 1, 2022 Common Stock 6.62K $22.28 Direct F4
transaction OBK Stock Options (Right to Buy) Award $0 +4.57K $0.00 4.57K Aug 1, 2022 Common Stock 4.57K $23.64 Direct F4
transaction OBK Stock Options (Right to Buy) Award $0 +18.5K $0.00 18.5K Aug 1, 2022 Common Stock 18.5K $31.72 Direct F4
transaction OBK Stock Options (Right to Buy) Award $0 +16.6K $0.00 16.6K Aug 1, 2022 Common Stock 16.6K $37.01 Direct F4
transaction OBK Stock Options (Right to Buy) Award $0 +23.2K $0.00 23.2K Aug 1, 2022 Common Stock 23.2K $37.76 Direct F4
transaction OBK Stock Options (Right to Buy) Award $0 +23.2K $0.00 23.2K Aug 1, 2022 Common Stock 23.2K $33.23 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired in exchange for 82,973 shares of BT Holdings, Inc. ("BTH") in connection with the merger of BTH with and into the issuer (the "Merger"). Pursuant to the Agreement and Plan of Merger by and between the issuer and BTH (the "Merger Agreement"), at the effective time of the Merger each share of BTH common stock was converted into the right to receive approximately 0.6621 shares of the issuer's common stock. On the effective date of the Merger, the closing price of the issuer's common stock was $43.07 per share.
F2 Acquired in exchange for 13,336 shares of BT Holdings, Inc. ("BTH") in connection with the merger of BTH with and into the issuer (the "Merger"). Pursuant to the Agreement and Plan of Merger by and between the issuer and BTH (the "Merger Agreement"), at the effective time of the Merger each share of BTH common stock was converted into the right to receive approximately 0.6621 shares of the issuer's common stock. On the effective date of the Merger, the closing price of the issuer's common stock was $43.07 per share.
F3 Acquired in exchange for 30,048 shares of BT Holdings, Inc. ("BTH") in connection with the merger of BTH with and into the issuer (the "Merger"). Pursuant to the Agreement and Plan of Merger by and between the issuer and BTH (the "Merger Agreement"), at the effective time of the Merger each share of BTH common stock was converted into the right to receive approximately 0.6621 shares of the issuer's common stock. On the effective date of the Merger, the closing price of the issuer's common stock was $43.07 per share.
F4 Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding and unexercised option to purchase shares of BTH common stock became fully vested and automatically converted into an option to purchase shares of issuer common stock, with the number of underlying shares and the exercise price determined as set forth in the Merger Agreement. Each option to purchase shares of issuer common stock is subject to the same terms and conditions (excluding vesting but including exercisability terms) as the corresponding option to purchase shares of BTH common stock immediately prior to the effective time of the Merger.