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