Martin Lance Hall - Feb 17, 2024 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
Feb 17, 2024
Transactions value $
-$22,457
Form type
4
Date filed
2/21/2024, 08:15 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 +1.26K +5.55% 24K Feb 17, 2024 Direct F1
transaction OBK Common Stock Tax liability -$13.2K -433 -1.81% $30.43 23.5K Feb 17, 2024 Direct F2
transaction OBK Common Stock Options Exercise +931 +3.96% 24.5K Feb 18, 2024 Direct F1
transaction OBK Common Stock Tax liability -$9.28K -305 -1.25% $30.43 24.2K Feb 18, 2024 Direct F2
holding OBK Common Stock 34.1K Feb 17, 2024 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 -1.26K -33.32% $0.00 2.52K Feb 17, 2024 Common Stock 1.26K Direct F1, F3
transaction OBK Restricted Stock Units Options Exercise $0 -931 -50% $0.00 931 Feb 18, 2024 Common Stock 931 Direct F1, F4
holding OBK Restricted Stock Units 2.06K Feb 17, 2024 Common Stock 2.06K 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.