Yousef A. Valine - Nov 13, 2023 Form 4 Insider Report for Live Oak Bancshares, Inc. (LOB)

Role
Director
Signature
/s/ Jonathan A. Greene, By Power of Attorney
Stock symbol
LOB
Transactions as of
Nov 13, 2023
Transactions value $
$0
Form type
4
Date filed
11/14/2023, 04:34 PM
Previous filing
May 18, 2023
Next filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOB Voting Common Stock Options Exercise +1.5K 1.5K Nov 13, 2023 Direct F1
holding LOB Voting Common Stock 1.5K Nov 13, 2023 By Valine Revocable Living Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 -1.5K -100% $0.00* 0 Nov 13, 2023 Voting Common Stock 1.5K Direct F1, F2
holding LOB Restricted Stock Units 3.63K Nov 13, 2023 Voting Common Stock 3.63K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. voting common stock.
F2 .The RSUs vested on November 13, 2023.
F3 The RSUs vest on May 1, 2024