Jim Crotwell - Feb 17, 2023 Form 4 Insider Report for Origin Bancorp, Inc. (OBK)

Role
Chief Risk Officer
Signature
/s/ Drake Mills, as Attorney-in-Fact
Stock symbol
OBK
Transactions as of
Feb 17, 2023
Transactions value $
-$6,699
Form type
4
Date filed
2/22/2023, 04:28 PM
Previous filing
Nov 15, 2022
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OBK Common Stock Options Exercise +489 +12.71% 4.34K Feb 17, 2023 Direct F1, F2
transaction OBK Common Stock Tax liability -$6.7K -169 -3.9% $39.64 4.17K Feb 17, 2023 Direct F2, F3
holding OBK Common Stock 9.08K Feb 17, 2023 BY ISSUER RETIREMENT PLAN
holding OBK Common Stock 3K Feb 17, 2023 By IRA

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 Options Exercise $0 -489 -33.38% $0.00 976 Feb 17, 2023 Common Stock 489 Direct F1, F4
transaction OBK Restricted Stock Units Award $0 +2.14K $0.00 2.14K Feb 17, 2023 Common Stock 2.14K Direct F5, F6
holding OBK Restricted Stock Units 2.06K Feb 17, 2023 Common Stock 2.06K Direct F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Includes 553 shares of Common Stock purchased pursuant to the Origin Bancorp, Inc. 2021 Employee Stock Purchase Plan ("ESPP"), for the purchase period of June 01, 2021 to May 31, 2022.
F3 Represents the number of common stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the restricted stock units and does not represent a sale.
F4 Granted on February 18, 2022, vesting ratably over three years with the first vest date of February 17, 2023.
F5 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.
F6 Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
F7 Granted on August 20, 2021, vesting ratably over three years with the first vest date of August 19, 2022.