0001209191-21-007744.txt : 20210204 0001209191-21-007744.hdr.sgml : 20210204 20210204163948 ACCESSION NUMBER: 0001209191-21-007744 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210202 FILED AS OF DATE: 20210204 DATE AS OF CHANGE: 20210204 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hoffsis Glen F. CENTRAL INDEX KEY: 0001647117 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37497 FILM NUMBER: 21591737 MAIL ADDRESS: STREET 1: 1741 TIBURON DRIVE CITY: WILMINGTON 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 2021-02-02 0 0001462120 Live Oak Bancshares, Inc. LOB 0001647117 Hoffsis Glen F. 1741 TIBURON DRIVE WILMINGTON NC 28403 1 0 0 0 Voting Common Stock 2021-02-02 4 M 0 3000 4.40 A 100182 D Stock Option (right to buy) 4.40 2021-02-02 4 M 0 3000 0.00 D 2024-03-26 Voting Common Stock 3000 21000 D Restricted Stock Units Voting Common Stock 4160 4160 D 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. 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 1, 2021. /s/ Jonathan A. Greene, by Power of Attorney 2021-02-04