Martin Lance Hall - 20 Aug 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
Issuer symbol
OBK
Transactions as of
20 Aug 2024
Net transactions value
-$24,836
Form type
4
Filing time
21 Aug 2024, 12:16:51 UTC
Previous filing
21 May 2024
Next filing
19 Feb 2025
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 +2,063 +8.5% 26,220 20 Aug 2024 Direct F1
transaction OBK Common Stock Tax liability $24,836 -794 -3% $31.28 25,426 20 Aug 2024 Direct F2
holding OBK Common Stock 34,589 20 Aug 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 -2,063 -100% $0.000000 0 20 Aug 2024 Common Stock 2,063 Direct F1, F3
holding OBK Restricted Stock Units 931 20 Aug 2024 Common Stock 931 Direct F4, F5
holding OBK Restricted Stock Units 2,523 20 Aug 2024 Common Stock 2,523 Direct F4, F6
holding OBK Restricted Stock Units 4,542 20 Aug 2024 Common Stock 4,542 Direct F4, F7
* 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 20, 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 18, 2023.
F6 Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
F7 Granted on May 20, 2024, vesting ratably over three years with the first vest date of May 20, 2025.