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

Role
Chief Legal Counsel
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, 16:29:49 UTC
Previous filing
23 Feb 2022
Next filing
02 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OBK Common Stock Options Exercise +2,233 2,233 17 Feb 2023 Direct F1
transaction OBK Common Stock Options Exercise +838 +38% 3,071 17 Feb 2023 Direct F1
holding OBK Common Stock 40 17 Feb 2023 BY ISSUER RETIREMENT PLAN

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 -2,233 -20% $0.000000 8,935 17 Feb 2023 Common Stock 2,233 Direct F1, F2
transaction OBK Restricted Stock Units Options Exercise $0 -838 -33% $0.000000 1,674 17 Feb 2023 Common Stock 838 Direct F1, F3
transaction OBK Restricted Stock Units Award $0 +2,995 $0.000000 2,995 17 Feb 2023 Common Stock 2,995 Direct F4, F5
* 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 Granted on February 18, 2022, vesting ratably over five years with the first vest date of February 17, 2023.
F3 Granted on February 18, 2022, vesting ratably over three years with the first vest date of February 17, 2023.
F4 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.
F5 Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.