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

Role
Chief Financial Officer
Signature
/s/ Drake Mills, as Attorney-in-Fact
Issuer symbol
OBK
Transactions as of
18 Aug 2023
Net transactions value
$0
Form type
4
Filing time
22 Aug 2023, 13:16:39 UTC
Previous filing
04 May 2023
Next filing
21 Feb 2024
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 +2,225 +237% 3,165 18 Aug 2023 Direct F1
holding OBK Common Stock 328 18 Aug 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 -2,225 -20% $0.000000 8,904 18 Aug 2023 Common Stock 2,225 Direct F1, F2
holding OBK Restricted Stock Units 2,396 18 Aug 2023 Common Stock 2,396 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.