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

Role
Chief Credit & Banking Officer
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, 16:31:02 UTC
Previous filing
23 Feb 2022
Next filing
30 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 +586 +1.4% 42,765 17 Feb 2023 Direct F1, F2
holding OBK Common Stock 11,225 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 -586 -33% $0.000000 1,172 17 Feb 2023 Common Stock 586 Direct F1, F3
transaction OBK Restricted Stock Units Award $0 +2,396 $0.000000 2,396 17 Feb 2023 Common Stock 2,396 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 Includes 677 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 These restricted stock units will vest ratably over three years, with a 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 These restricted stock units will vest ratably over three years, with a first vest date of August 17, 2024.