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

Role
Director
Signature
/s/ Drake Mills, as Attorney-in-Fact
Issuer symbol
OBK
Transactions as of
17 Feb 2023
Net transactions value
$0
Form type
4
Filing time
22 Feb 2023, 16:28:31 UTC
Previous filing
26 Sep 2022
Next filing
22 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OBK Common Stock 34,770 17 Feb 2023 Direct
holding OBK Common Stock 3,822 17 Feb 2023 By IRA
holding OBK Common Stock 16,585 17 Feb 2023 By KSOP
holding OBK Common Stock 60 17 Feb 2023 By self as custodian for child 1
holding OBK Common Stock 24 17 Feb 2023 By self as custodian for child 2
holding OBK Common Stock 13 17 Feb 2023 By self as custodian for child 3
holding OBK Common Stock 459 17 Feb 2023 BY ISSUER RETIREMENT PLAN
holding OBK Common Stock 57,906 17 Feb 2023 By limited partnership F1

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 +6,678 $0.000000 6,678 17 Feb 2023 Common Stock 6,678 Direct F2, F3
transaction OBK Restricted Stock Units Award $0 +1,524 $0.000000 1,524 17 Feb 2023 Common Stock 1,524 Direct F2, F4
holding OBK Stock Options (Right to Buy) 3,972 17 Feb 2023 Common Stock 3,972 $19.64 Direct F5
holding OBK Stock Options (Right to Buy) 1,655 17 Feb 2023 Common Stock 1,655 $37.76 Direct F5
holding OBK Stock Options (Right to Buy) 16,552 17 Feb 2023 Common Stock 16,552 $33.23 Direct F5
holding OBK Stock Options (Right to Buy) 7,614 17 Feb 2023 Common Stock 7,614 $31.72 Direct F5
holding OBK Stock Options (Right to Buy) 5,579 17 Feb 2023 Common Stock 5,579 $15.11 Direct F5
holding OBK Stock Options (Right to Buy) 6,621 17 Feb 2023 Common Stock 6,621 $19.64 Direct F5
holding OBK Stock Options (Right to Buy) 9,931 17 Feb 2023 Common Stock 9,931 $22.28 Direct F5
holding OBK Stock Options (Right to Buy) 8,276 17 Feb 2023 Common Stock 8,276 $23.64 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has investment control over the shares held or controlled by SBSPBL, LP, a limited partnership. The reporting person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, if any. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 (the "Exchange Act"), the filing of this statement shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any securities reported herein.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 Granted on February 17, 2023, with 2,228 shares vesting on each of the vesting dates of August 19, 2023, August 19, 2024, and August 19, 2025.
F4 Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
F5 Pursuant to the Merger Agreement, at the effective time of the Merger, August 1, 2022, 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.