Martin Lance Hall - Aug 18, 2023 Form 4 Insider Report for Origin Bancorp, Inc. (OBK)

Role
OBK COO, Origin Bank Pres&CEO
Signature
/s/ Drake Mills, as Attorney-in-Fact
Stock symbol
OBK
Transactions as of
Aug 18, 2023
Transactions value $
-$17,340
Form type
4
Date filed
8/22/2023, 01:18 PM
Previous filing
Feb 22, 2023
Next filing
Nov 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OBK Common Stock Options Exercise +2.06K +9.47% 23.8K Aug 18, 2023 Direct F1
transaction OBK Common Stock Tax liability -$17.3K -559 -2.35% $31.02 23.3K Aug 18, 2023 Direct F2
holding OBK Common Stock 33.6K 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 -2.06K -50% $0.00 2.06K Aug 18, 2023 Common Stock 2.06K Direct F1, F3
holding OBK Restricted Stock Units 1.86K Aug 18, 2023 Common Stock 1.86K Direct F4, F5
holding OBK Restricted Stock Units 3.78K Aug 18, 2023 Common Stock 3.78K 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 Represents the number of common stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the restricted stock units and does not represent a sale.
F3 Granted on August 20, 2021, vesting ratably over three years with the first vest date of August 19, 2022.
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.