Neil Lawrence Underwood - 15 Dec 2021 Form 4 Insider Report for Live Oak Bancshares, Inc. (LOB)

Reporting relationship: President, Director
Issuer ticker: LOB
Reported as of: 15 Dec 2021
Net transaction value: -$1,797,312
SEC form: 4
Accepted by SEC: 17 Dec 2021, 16:52:52 UTC
Prior SEC filing: 04 Feb 2022
Source filing: View source filing
Reporting owner signature: /s/ Jonathan A. Greene, by Power of Attorney

Filing notes and source

Key filing fact

Neil Lawrence Underwood filed Form 4 for Live Oak Bancshares, Inc. (LOB) on 17 Dec 2021.

Key facts

This page summarizes Neil Lawrence Underwood's Form 4 filing for Live Oak Bancshares, Inc. (LOB).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 17 Dec 2021, 16:52.

Change

Previous filing in this sequence was filed on 04 Feb 2022.
Current net transaction value: -$1,797,312.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LOB transaction

Voting Common Stock

Sale

Transaction value: $1,797,312
Shares: -21,116
Change %: -1.5%
Price: $85.12
Shares after: 1,383,046
Date: 15 Dec 2021
Ownership: By Neil L. Underwood Revocable Trust
Footnotes: F1

LOB holding

Voting Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 34,445
Date: 15 Dec 2021
Ownership: By Linda D. Underwood Revocable Trust
Footnotes: F2

LOB holding

Voting Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 120,641
Date: 15 Dec 2021
Ownership: By Linda D. Underwood Spousal Gift Trust
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

This transaction was executed in multiple trades at prices ranging from $85.00 to $85.73. 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.

Footnote F2

Excludes 120,641 shares previously reported as held by the Linda D. Underwood Revocable Trust that were transferred to the Linda D. Underwood Spousal Gift Trust.