0001209191-18-062292.txt : 20181212
0001209191-18-062292.hdr.sgml : 20181212
20181212174932
ACCESSION NUMBER: 0001209191-18-062292
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20181211
FILED AS OF DATE: 20181212
DATE AS OF CHANGE: 20181212
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Petty Miltom Emmett
CENTRAL INDEX KEY: 0001647098
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37497
FILM NUMBER: 181231688
MAIL ADDRESS:
STREET 1: 1741 TIBURON DRIVE
CITY: WILMINTON
STATE: NC
ZIP: 28403
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Live Oak Bancshares, Inc.
CENTRAL INDEX KEY: 0001462120
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
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
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-12-11
0
0001462120
Live Oak Bancshares, Inc.
LOB
0001647098
Petty Miltom Emmett
1741 TIBURON DRIVE
WILMINGTON
NC
28403
1
0
0
0
Voting Common Stock
2018-12-11
4
P
0
3000
13.6378
A
89512
D
Restricted Stock Units
Voting Common Stock
2000
2000
D
Stock Option (right to buy)
4.40
2024-03-26
Voting Common Stock
30000
30000
D
This transaction was executed in multiple trades at prices ranging from $13.62 to $13.65. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected.
Each restricted stock unit represents a contingent right to receive one share of Live Oak Bancshares, Inc. voting common stock.
The restricted stock units vest on May 15, 2019.
The shares subject to this option vest and become exercisable yearly in seven installments beginning on March 26, 2015, as follows: 10% of the shares subject to the option vest on each of March 26, 2015, 2016, 2017, 2018, and 2019; and 25% of the shares subject to the option vest on each of March 26, 2020 and 2021.
/s/ Jonathan A. Greene, by Power of Attorney
2018-12-12