Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LOB | Voting Common Stock | Options Exercise | +1K | +1.04% | 97.3K | Feb 23, 2024 | Direct | F1 | ||
transaction | LOB | Voting Common Stock | Tax liability | -$17.5K | -445 | -0.46% | $39.30 | 96.9K | Feb 23, 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 | -1K | -33.33% | $0.00 | 2K | Feb 23, 2024 | Voting Common Stock | 1K | Direct | F1, F2 | |
holding | LOB | Restricted Stock Units | 2K | Feb 23, 2024 | Voting Common Stock | 2K | Direct | F1, F3 | ||||||
holding | LOB | Restricted Stock Units | 7.11K | Feb 23, 2024 | Voting Common Stock | 7.11K | Direct | F1, F4 | ||||||
holding | LOB | Restricted Stock Units | 47.8K | Feb 23, 2024 | Voting Common Stock | 47.8K | Direct | F1, F5 | ||||||
holding | LOB | Restricted Stock Units | 13.8K | Feb 23, 2024 | Voting Common Stock | 13.8K | Direct | F1, F6 | ||||||
holding | LOB | Employee Stock Option (right to buy) | 13.5K | Feb 23, 2024 | Voting Common Stock | 13.5K | $14.55 | Direct | F7 |
Id | Content |
---|---|
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 equal 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. |
F3 | 2,002 of the RSUs vested on each of February 10, 2022 and 2023, and 2,002 of the RSUs vested on February 12, 2024; and 2,003 of the RSUs will vest on February 10, 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 equal annual installments beginning on February 14, 2023, 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 February 13, 2024, subject to the reporting person's continuous service to the Company or a related entity on such date. |
F6 | 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. |
F7 | The shares subject to this option vest and become exercisable yearly in seven installments beginning on November 19, 2016, as follows: 10% of the shares subject to the option vested on each of November 19, 2016, 2017, 2018, 2019, and 2020; 25% of the shares subject to the option vested on each of November 19, 2021 and November 19, 2022. |