Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LOB | Voting Common Stock | Options Exercise | +42K | +58.64% | 114K | Aug 12, 2024 | Direct | F1 | ||
transaction | LOB | Voting Common Stock | Tax liability | -$717K | -18.7K | -16.43% | $38.43 | 95K | Aug 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 | -42K | -33.33% | $0.00 | 84K | Aug 12, 2024 | Voting Common Stock | 42K | Direct | F1, F2 | |
holding | LOB | Restricted Stock Units | 3.79K | Aug 12, 2024 | Voting Common Stock | 3.79K | Direct | F1, F3 | ||||||
holding | LOB | Restricted Stock Units | 71.7K | Aug 12, 2024 | Voting Common Stock | 71.7K | Direct | F1, F4 | ||||||
holding | LOB | Restricted Stock Units | 250K | Aug 12, 2024 | Voting Common Stock | 250K | Direct | F1, F5 | ||||||
holding | LOB | Restricted Stock Units | 55.1K | Aug 12, 2024 | Voting Common Stock | 55.1K | Direct | F1, F6 |
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 August 10, 2022, 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 14, 2023, 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 13, 2024, subject to the reporting person's continuous service to the Company or a related entity on such date. |
F5 | The RSUs vest in five equal annual installments beginning on August 25, 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 pro rata installments beginning on February 12, 2025, subject to the reporting person's continuous service to the Company or a related entity on such date. |