Key facts
- This page summarizes Huntley Garriott's Form 4 filing for Live Oak Bancshares, Inc. (LOB).
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 24 Feb 2023, 16:20.
Huntley Garriott - 23 Feb 2023 Form 4 Insider Report for Live Oak Bancshares, Inc. (LOB)
- Reporting relationship
- President, Live Oak Bank
- Issuer ticker
- LOB
- Reported as of
- 23 Feb 2023
- Net transaction value
- -$1,484,245
- SEC form
- 4
- Accepted by SEC
- 24 Feb 2023, 16:20:06 UTC
- Prior SEC filing
- 14 Feb 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jonathan A. Greene, By Power of Attorney
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Huntley Garriott filed Form 4 for Live Oak Bancshares, Inc. (LOB) on 24 Feb 2023.
Change
- Previous filing in this sequence was filed on 14 Feb 2023.
- Current net transaction value: -$1,484,245.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LOB
transaction
Voting Common Stock
Options Exercise
- Transaction value
- Shares
- +100,000
- Change %
- +26%
- Price
- Shares after
- 484,782
- Date
- 23 Feb 2023
- Ownership
- Direct
- Footnotes
- F1
LOB
transaction
Voting Common Stock
Tax liability
- Transaction value
- $1,484,245
- Shares
- -42,749
- Change %
- -8.8%
- Price
- $34.72
- Shares after
- 442,033
- Date
- 23 Feb 2023
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
LOB
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -100,000
- Change %
- -20%
- Price
- $0.000000
- Shares after
- 400,000
- Date
- 23 Feb 2023
- Ownership
- Direct
- Underlying class
- Voting Common Stock
- Underlying amount
- 100,000
- Exercise price
- Footnotes
- F1, F2
LOB
holding
Derivative
Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 8,899
- Date
- 23 Feb 2023
- Ownership
- Direct
- Underlying class
- Voting Common Stock
- Underlying amount
- 8,899
- Exercise price
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock.
Footnote F2
100,000 of the RSUs will vest annually beginning on February 22, 2023, subject to the reporting person's continuous service to the Company or a related entity on such date.
Footnote F3
4,449 of the RSUs will vest on each of February 10, 2022, 2023, and 2024; and 4,450 of the RSUs will vest on February 10, 2025, subject to the reporting person's continuous service to the Company or a related entity on such date.