Yousef A. Valine - 16 May 2023 Form 4 Insider Report for Live Oak Bancshares, Inc. (LOB)

Role
Director
Signature
/s/ Jonathan A. Greene, by Power of Attorney
Issuer symbol
LOB
Transactions as of
16 May 2023
Transactions value $
$0
Form type
4
Date filed
18 May 2023, 17:50
Previous filing
15 Nov 2022
Next filing
14 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LOB Voting Common Stock 1.5K 16 May 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 Award $0 +3.63K $0.00 3.63K 16 May 2023 Voting Common Stock 3.63K Direct F1, F2
holding LOB Restricted Stock Units 1.5K 16 May 2023 Voting Common Stock 1.5K 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 vest on May 1, 2024.
F3 The RSUs vest on November 13, 2023.