0001578563-24-000102.txt : 20240216 0001578563-24-000102.hdr.sgml : 20240216 20240216175555 ACCESSION NUMBER: 0001578563-24-000102 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240214 FILED AS OF DATE: 20240216 DATE AS OF CHANGE: 20240216 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Losch William C III CENTRAL INDEX KEY: 0001453279 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37497 FILM NUMBER: 24649854 MAIL ADDRESS: STREET 1: 165 MADISON AVENUE CITY: MEMPHIS STATE: TN ZIP: 38103 FORMER NAME: FORMER CONFORMED NAME: Losch William C DATE OF NAME CHANGE: 20090107 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Live Oak Bancshares, Inc. CENTRAL INDEX KEY: 0001462120 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 264596286 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1741 TIBURON DRIVE CITY: WILMINGTON STATE: NC ZIP: 28403 BUSINESS PHONE: 910-790-5867 MAIL ADDRESS: STREET 1: 1741 TIBURON DRIVE CITY: WILMINGTON STATE: NC ZIP: 28403 4 1 wk-form4_1708124144.xml FORM 4 X0508 4 2024-02-14 0 0001462120 Live Oak Bancshares, Inc. LOB 0001453279 Losch William C III 1741 TIBURON DRIVE WILMINGTON NC 28403 0 1 0 0 Chief Financial Officer 0 Voting Common Stock 2024-02-14 4 M 0 17923 A 79069 D Voting Common Stock 2024-02-14 4 F 0 8079 38.55 D 70990 D Voting Common Stock 2024-02-15 4 M 0 1264 A 72254 D Voting Common Stock 2024-02-15 4 F 0 629 39.21 D 71625 D Restricted Stock Units 2024-02-14 4 M 0 17923 0 D Voting Common Stock 17923 71692 D Restricted Stock Units 2024-02-15 4 M 0 1264 0 D Voting Common Stock 1264 3792 D Restricted Stock Units Voting Common Stock 126000 126000 D Restricted Stock Units Voting Common Stock 250000 250000 D Restricted Stock Units Voting Common Stock 55082 55082 D Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock. The RSUs vest in five equal annual installments beginning on February 13, 2024, subject to the reporting person's continuous service to the Company or a related entity on such date. The RSUs vest in five pro rata annual installments beginning on February 14, 2023, subject to the reporting person's continuous service to the Company or a related entity on such date. The RSUs vest in five equal annual installments beginning on August 10, 2022, subject to the reporting person's continuous service to the Company or a related entity on such date. The RSUs vest in five equal annual installments beginning on August 25, 2024, subject to the reporting person's continuous service to the Company or a related entity on such date. The RSUs vest in five pro rata annual installments beginning on February 12, 2025, subject to the reporting person's continuous service to the Company or a related entity on such date. /s/ Jonathan A. Greene, By Power of Attorney 2024-02-16