Casey S. Crawford - Aug 22, 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
Aug 22, 2023
Transactions value $
-$21,987
Form type
4
Date filed
8/23/2023, 07:05 PM
Previous filing
May 18, 2023
SEC
View on sec.gov
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOB Voting Common Stock Options Exercise +1.88K 1.88K Aug 22, 2023 Direct F1
transaction LOB Voting Common Stock Tax liability -$22K -654 -34.77% $33.62 1.23K Aug 22, 2023 Direct

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 -1.88K -100% $0.00* 0 Aug 22, 2023 Voting Common Stock 1.88K Direct F1, F2
holding LOB Restricted Stock Units 3.63K Aug 22, 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 August 21, 2023.
F3 The RSUs vest on May 1, 2024.