Ron Pitters - Aug 28, 2022 Form 4 Insider Report for Axos Financial, Inc. (AX)

Role: SVP, Head of Axos Securities
Signature: By: Andrew J Micheletti For: Ron Pitters
Stock symbol: AX
Transactions as of: Aug 28, 2022
Transactions value $: $34,183
Form type: 4
Date filed: 8/31/2022, 08:18 PM
Previous filing: Aug 29, 2022
Next filing: Sep 2, 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	$52.2K	+1.2K	+10.19%	$43.49	13K	Aug 28, 2022	Direct	F1, F2
transaction	AX	Common Stock	Disposed to Issuer	-$18K	-414	-3.19%	$43.49	12.6K	Aug 28, 2022	Direct	F1
holding	AX	Common Stock						1.53K	Aug 28, 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	-1.2K	-13.24%	$0.00	7.86K	Aug 28, 2022	Common Stock	1.2K	$0.00	Direct	F2, F3, F4

* 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 August 28, 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	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.
F4	The RSUs vest as to one-third of the shares on each anniversary date of grant.