0001209191-23-030765.txt : 20230518
0001209191-23-030765.hdr.sgml : 20230518
20230518174839
ACCESSION NUMBER: 0001209191-23-030765
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230516
FILED AS OF DATE: 20230518
DATE AS OF CHANGE: 20230518
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: 23937347
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
X0407
4
2023-05-16
0
0001462120
Live Oak Bancshares, Inc.
LOB
0001647117
Hoffsis Glen F.
1741 TIBURON DRIVE
WILMINGTON
NC
28403
1
0
0
0
0
Voting Common Stock
113621
D
Restricted Stock Units
2023-05-16
4
A
0
3625
0.00
A
Voting Common Stock
3625
3625
D
Stock Option (right to buy)
4.40
2024-03-26
Voting Common Stock
15000
15000
D
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, 2024.
The shares subject to this option vested and became exercisable yearly in seven installments beginning on March 26, 2015, as follows: 10% of the shares subject to the option vested on each of March 26, 2015, 2016, 2017, 2018, and 2019; and 25% of the shares subject to the option vested on each of March 26, 2020 and 2021.
/s/ Jonathan A. Greene, by Power of Attorney
2023-05-18