DAVID PARK - 12 Mar 2022 Form 4 Insider Report for Axos Financial, Inc. (AX)

Role
EVP, Comm Banking & Treasury
Signature
By: Derrick K. Walsh For: David Park
Issuer symbol
AX
Transactions as of
12 Mar 2022
Transactions value $
$71,733
Form type
4
Filing time
22 Mar 2022, 18:50:33 UTC
Previous filing
01 Sep 2021
Next filing
25 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AX Common Stock Options Exercise $114K +2.35K +50.34% $48.55 7.02K 12 Mar 2022 Direct F1, F2
transaction AX Common Stock Disposed to Issuer -$61.5K -1.27K -18.05% $48.55 5.75K 12 Mar 2022 Direct F3
transaction AX Common Stock Options Exercise $37.5K +755 +13.13% $49.62 6.51K 19 Mar 2022 Direct F2, F4
transaction AX Common Stock Disposed to Issuer -$18.3K -369 -5.67% $49.62 6.14K 19 Mar 2022 Direct F3
holding AX Common Stock 545 12 Mar 2022 401(k) Plan

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 AX Restricted Stock Units Options Exercise $0 -2.35K -15.96% $0.00 12.4K 12 Mar 2022 Common Stock 2.35K Direct F2, F5, F6
transaction AX Restricted Stock Units Options Exercise $0 -755 -6.1% $0.00 11.6K 19 Mar 2022 Common Stock 755 Direct F2, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock issued on March 12, 2022, following the vesting of Restricted Stock Units ("RSUs") which vest as to one-third of the shares on each anniversary of the date of grant. The RSUs were previously granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plan.
F2 Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock.
F3 Represents shares of Common Stock retained by Axos Financial, Inc. in exchange for cash paid to the reporting person for tax liabilities in respect to the vested RSUs.
F4 Represents shares of Common Stock issued on March 19, 2022, following the vesting of Restricted Stock Units ("RSUs") which vest as to one-third of the shares on each anniversary of the date of grant. The RSUs were previously granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plan.
F5 The RSUs were granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plan. The RSUs are accompanied by dividend equivalent rights.
F6 The RSUs vest as to one-third of the shares on each anniversary date of grant.