4//SEC Filing
Underwood Neil Lawrence 4
Accession 0001209191-18-062504
CIK 0001462120other
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 5:52 PM ET
Size
7.0 KB
Accession
0001209191-18-062504
Insider Transaction Report
Form 4
Underwood Neil Lawrence
DirectorPresident
Transactions
- Purchase
Voting Common Stock
2018-12-12$16.08/sh+15,546$249,980→ 1,248,269 total
Holdings
- 50,000(indirect: By Spouse)
Voting Common Stock
- 600,000
Performance Restricted Stock Units
Exp: 2023-03-23→ Voting Common Stock (600,000 underlying)
Footnotes (1)
- [F1]Each performance restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock. The vesting of the performance RSUs was subject to the Company achieving total revenue of at least $100 million for fiscal year 2016. In addition, in order for the RSUs to vest, the Company's voting common stock must attain a closing price equal to or greater than $34.00 per share for at least twenty (20) consecutive trading days at any time prior to March 23, 2023.
Documents
Issuer
Live Oak Bancshares, Inc.
CIK 0001462120
Entity typeother
Related Parties
1- filerCIK 0001337412
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 5:52 PM ET
- Size
- 7.0 KB