Jay Dyer - Feb 17, 2023 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
Feb 17, 2023
Transactions value $
$0
Form type
4
Date filed
2/22/2023, 04:28 PM
Previous filing
Sep 26, 2022
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OBK Common Stock 34.8K Feb 17, 2023 Direct
holding OBK Common Stock 3.82K Feb 17, 2023 By IRA
holding OBK Common Stock 16.6K Feb 17, 2023 By KSOP
holding OBK Common Stock 60 Feb 17, 2023 By self as custodian for child 1
holding OBK Common Stock 24 Feb 17, 2023 By self as custodian for child 2
holding OBK Common Stock 13 Feb 17, 2023 By self as custodian for child 3
holding OBK Common Stock 459 Feb 17, 2023 BY ISSUER RETIREMENT PLAN
holding OBK Common Stock 57.9K Feb 17, 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 +6.68K $0.00 6.68K Feb 17, 2023 Common Stock 6.68K Direct F2, F3
transaction OBK Restricted Stock Units Award $0 +1.52K $0.00 1.52K Feb 17, 2023 Common Stock 1.52K Direct F2, F4
holding OBK Stock Options (Right to Buy) 3.97K Feb 17, 2023 Common Stock 3.97K $19.64 Direct F5
holding OBK Stock Options (Right to Buy) 1.66K Feb 17, 2023 Common Stock 1.66K $37.76 Direct F5
holding OBK Stock Options (Right to Buy) 16.6K Feb 17, 2023 Common Stock 16.6K $33.23 Direct F5
holding OBK Stock Options (Right to Buy) 7.61K Feb 17, 2023 Common Stock 7.61K $31.72 Direct F5
holding OBK Stock Options (Right to Buy) 5.58K Feb 17, 2023 Common Stock 5.58K $15.11 Direct F5
holding OBK Stock Options (Right to Buy) 6.62K Feb 17, 2023 Common Stock 6.62K $19.64 Direct F5
holding OBK Stock Options (Right to Buy) 9.93K Feb 17, 2023 Common Stock 9.93K $22.28 Direct F5
holding OBK Stock Options (Right to Buy) 8.28K Feb 17, 2023 Common Stock 8.28K $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.