Stephen H. Brolly - 18 Aug 2023 Form 4 Insider Report for Origin Bancorp, Inc. (OBK)

Role
Chief Accounting 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, 13:17:40 UTC
Previous filing
22 Feb 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 +1,113 +8.1% 14,821 18 Aug 2023 Direct F1, F2
holding OBK Common Stock 4,180 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 -1,113 -33% $0.000000 2,226 18 Aug 2023 Common Stock 1,113 Direct F1, F3
holding OBK Restricted Stock Units 1,172 18 Aug 2023 Common Stock 1,172 Direct F4, F5
holding OBK Restricted Stock Units 2,096 18 Aug 2023 Common Stock 2,096 Direct F4, F6
* 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 584 shares of Common Stock purchased pursuant to the Origin Bancorp, Inc. 2021 Employee Stock Purchase Plan ("ESPP"), for the purchase period of June 01, 2022 to May 31, 2023.
F3 Granted on August 19, 2022, vesting ratably over three years with the first vest date of August 18, 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 18, 2022, vesting ratably over three years with the first vest date of February 17, 2023.
F6 Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.