Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LOB | Voting Common Stock | Options Exercise | +195 | +5.62% | 3.67K | Feb 12, 2024 | Direct | F1 | ||
transaction | LOB | Voting Common Stock | Tax liability | -$3.87K | -97 | -2.65% | $39.94 | 3.57K | Feb 12, 2024 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LOB | Restricted Stock Units | Options Exercise | $0 | -195 | -50% | $0.00 | 195 | Feb 12, 2024 | Voting Common Stock | 195 | Direct | F1, F2 | |
transaction | LOB | Restricted Stock Units | Award | $0 | +10K | $0.00 | 10K | Feb 12, 2024 | Voting Common Stock | 10K | Direct | F1, F3 | ||
holding | LOB | Restricted Stock Units | 206 | Feb 12, 2024 | Voting Common Stock | 206 | Direct | F1, F4 | ||||||
holding | LOB | Restricted Stock Units | 706 | Feb 12, 2024 | Voting Common Stock | 706 | Direct | F1, F5 | ||||||
holding | LOB | Restricted Stock Units | 6.29K | Feb 12, 2024 | Voting Common Stock | 6.29K | Direct | F1, F6 | ||||||
holding | LOB | Employee Stock Option (right to buy) | 6.16K | Feb 12, 2024 | Voting Common Stock | 6.16K | $13.59 | Direct | F7 |
Id | Content |
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F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock. |
F2 | The RSUs vest in five pro rata annual installments beginning on February 10, 2021, subject to the reporting person's continuous service to the Company or a related entity on such date. |
F3 | The RSUs vest in five equal annual installments beginning on February 12, 2025, subject to the reporting person's continuous service to the Company or a related entity on such date. |
F4 | The RSUs vest in five pro rata annual installments beginning on February 22, 2022, subject to the reporting person's continuous service to the Company or a related entity on such date. |
F5 | The RSUs vest in five pro rata annual installments beginning on December 15, 2022, subject to the reporting person's continuous service to the Company or a related entity on such date. |
F6 | The RSUs vest in five pro rata annual installments beginning on December 9, 2023, subject to the reporting person's continuous service to the Company or a related entity on such date. |
F7 | The shares subject to this option vested and became exercisable yearly in seven installments beginning on February 16, 2017, as follows: 10% of the shares subject to the option vested on each of February 16, 2017, 2018, 2019, 2020, and 2021; 25% of the shares subject to the option vested on each of February 16, 2022 and 2023. |