Jim Crotwell - Feb 17, 2024 Form 4 Insider Report for Origin Bancorp, Inc. (OBK)

Signature
/s/ Drake Mills, as Attorney-in-Fact
Stock symbol
OBK
Transactions as of
Feb 17, 2024
Transactions value $
-$12,263
Form type
4
Date filed
2/21/2024, 08:13 PM
Previous filing
Nov 14, 2023
Next filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OBK Common Stock Options Exercise +714 +12.62% 6.37K Feb 17, 2024 Direct F1
transaction OBK Common Stock Tax liability -$7.39K -243 -3.81% $30.43 6.13K Feb 17, 2024 Direct F2
transaction OBK Common Stock Options Exercise +488 +7.96% 6.62K Feb 18, 2024 Direct F1
transaction OBK Common Stock Tax liability -$4.87K -160 -2.42% $30.43 6.46K Feb 18, 2024 Direct F2
holding OBK Common Stock 10.5K Feb 17, 2024 BY ISSUER RETIREMENT PLAN
holding OBK Common Stock 21.5K Feb 17, 2024 By IRA

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 -714 -33.3% $0.00 1.43K Feb 17, 2024 Common Stock 714 Direct F1, F3
transaction OBK Restricted Stock Units Options Exercise $0 -488 -50% $0.00 488 Feb 18, 2024 Common Stock 488 Direct F1, F4
holding OBK Restricted Stock Units 1.03K Feb 17, 2024 Common Stock 1.03K Direct F5, 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 February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
F4 Granted on February 18, 2022, vesting ratably over three years with the first vest date of February 18, 2023.
F5 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.
F6 Granted on August 20, 2021, vesting ratably over three years with the first vest date of August 20, 2022.