Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LOB | Voting Common Stock | Options Exercise | $132K | +30K | +29.43% | $4.40* | 132K | Feb 29, 2024 | Direct | |
transaction | LOB | Voting Common Stock | Sale | -$397K | -10K | -7.58% | $39.73 | 122K | Feb 29, 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 | -30K | -100% | $0.00* | 0 | Feb 29, 2024 | Voting Common Stock | 30K | $4.40 | Direct | F2 |
holding | LOB | Restricted Stock Units | 3.63K | Feb 29, 2024 | Voting Common Stock | 3.63K | 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. |