0001578563-24-000103.txt : 20240216 0001578563-24-000103.hdr.sgml : 20240216 20240216175631 ACCESSION NUMBER: 0001578563-24-000103 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: Mann Stephanie CENTRAL INDEX KEY: 0001937537 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37497 FILM NUMBER: 24649858 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] 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_1708124179.xml FORM 4 X0508 4 2024-02-14 0 0001462120 Live Oak Bancshares, Inc. LOB 0001937537 Mann Stephanie 1741 TIBURON DRIVE WILMINGTON NC 28403 0 1 0 0 Chief Strategy Officer 0 Voting Common Stock 2024-02-14 4 M 0 11948 A 30067 D Voting Common Stock 2024-02-14 4 F 0 3608 38.55 D 26459 D Voting Common Stock 2024-02-15 4 M 0 1580 A 28039 D Voting Common Stock 2024-02-15 4 F 0 539 39.21 D 27500 D Restricted Stock Units 2024-02-14 4 M 0 11948 0 D Voting Common Stock 11948 47795 D Restricted Stock Units 2024-02-15 4 M 0 1580 0 D Voting Common Stock 1580 4740 D Restricted Stock Units Voting Common Stock 6674 6674 D Restricted Stock Units Voting Common Stock 174 174 D Restricted Stock Units Voting Common Stock 6000 6000 D Restricted Stock Units Voting Common Stock 11266 11266 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 pro rata 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 equal 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. 1,112 of the RSUs will vest on each of February 10, 2023 and 2025; 1,113 of the RSUs vested on February 12, 2024; 2,780 of the RSUs will vest on February 10, 2026; and 2,782 of the RSUs will vest on February 10, 2027, subject to the reporting person's continuous service to the Company or a related entity on such date. 173 of the RSUs vested on February 10, 2023, 174 of the RSUs vested on February 12, 2024 and 174 of the RSUs will vest on on February 10, 2025, subject to the reporting person's continuous service to the Company or a related entity on such date. 2,000 of the RSUs will vest on each of February 22, 2023, 2024, 2025, and 2026, 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