Willliam J. Wallace IV - Aug 18, 2023 Form 4 Insider Report for Origin Bancorp, Inc. (OBK)

Role
Chief Financial Officer
Signature
/s/ Drake Mills, as Attorney-in-Fact
Stock symbol
OBK
Transactions as of
Aug 18, 2023
Transactions value $
$0
Form type
4
Date filed
8/22/2023, 01:16 PM
Previous filing
May 4, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OBK Common Stock Options Exercise +2.23K +236.7% 3.17K Aug 18, 2023 Direct F1
holding OBK Common Stock 328 Aug 18, 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 -2.23K -19.99% $0.00 8.9K Aug 18, 2023 Common Stock 2.23K Direct F1, F2
holding OBK Restricted Stock Units 2.4K Aug 18, 2023 Common Stock 2.4K Direct F3, F4
* 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 August 19, 2022, vesting ratably over five years with the first vest date of August 18, 2023.
F3 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.
F4 Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.