| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LOB | Voting Common Stock | Options Exercise | $132,000 | +30,000 | +29% | $4.40* | 131,941 | 29 Feb 2024 | Direct | |
| transaction | LOB | Voting Common Stock | Sale | $397,252 | -10,000 | -7.6% | $39.73 | 121,941 | 29 Feb 2024 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LOB | Stock Option (right to buy) | Options Exercise | $0 | -30,000 | -100% | $0.000000* | 0 | 29 Feb 2024 | Voting Common Stock | 30,000 | $4.40 | Direct | F2 |
| holding | LOB | Restricted Stock Units | 3,625 | 29 Feb 2024 | Voting Common Stock | 3,625 | Direct | F3, F4 |
| Id | Content |
|---|---|
| F1 | This transaction was executed in multiple trades at prices ranging from $39.535 to $39.86. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected. |
| F2 | The shares subject to this option vested and became exercisable yearly in seven installments beginning on March 26, 2015, as follows: 10% of the shares subject to the option vested on each of March 26, 2015, 2016, 2017, 2018, and 2019; and 25% of the shares subject to the option vested on each of March 26, 2020 and 2021. |
| F3 | Each restricted stock unit represents a contingent right to receive one share of Live Oak Bancshares, Inc. voting common stock. |
| F4 | The restricted stock units vest on May 1, 2024. |