0001516912-23-000151.txt : 20230822 0001516912-23-000151.hdr.sgml : 20230822 20230822131815 ACCESSION NUMBER: 0001516912-23-000151 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230818 FILED AS OF DATE: 20230822 DATE AS OF CHANGE: 20230822 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mills Drake CENTRAL INDEX KEY: 0001737362 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38487 FILM NUMBER: 231192198 MAIL ADDRESS: STREET 1: 500 SOUTH SERVICE ROAD EAST CITY: RUSTON STATE: LA ZIP: 71270 FORMER NAME: FORMER CONFORMED NAME: Mills Drake D. DATE OF NAME CHANGE: 20180412 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Origin Bancorp, Inc. CENTRAL INDEX KEY: 0001516912 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 721192928 STATE OF INCORPORATION: LA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 500 S SERVICE ROAD EAST CITY: RUSTON STATE: LA ZIP: 71270 BUSINESS PHONE: 318-242-7500 MAIL ADDRESS: STREET 1: 500 S SERVICE ROAD EAST CITY: RUSTON STATE: LA ZIP: 71270 FORMER COMPANY: FORMER CONFORMED NAME: Community Trust Financial Corp DATE OF NAME CHANGE: 20110329 4 1 wk-form4_1692724684.xml FORM 4 X0508 4 2023-08-18 0 0001516912 Origin Bancorp, Inc. OBK 0001737362 Mills Drake 500 SOUTH SERVICE ROAD EAST RUSTON LA 71270 1 1 0 0 Chairman, President and CEO 0 Common Stock 2023-08-18 4 M 0 4126 A 139337 D Common Stock 2023-08-18 4 F 0 1118 31.02 D 138219 D Common Stock 3466 I By IRA Common Stock 53012 I BY ISSUER RETIREMENT PLAN Restricted Stock Units 2023-08-18 4 M 0 4126 0 D Common Stock 4126 4126 D Restricted Stock Units Common Stock 3112 3112 D Performance Stock Units Common Stock 129735 129735 D Restricted Stock Units Common Stock 129736 129736 D Restricted Stock Units Common Stock 5271 5271 D Restricted stock units convert into common stock on a one-for-one basis. Represents the number of common stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the restricted stock units and does not represent a sale. Granted on August 20, 2021, vesting ratably over three years with the first vest date of August 19, 2022. Each restricted stock unit represents the contingent right to receive, at settlement, one share of the issuer's common stock or cash equal to the fair value thereof (calculated pursuant to the incentive agreement), as determined by the issuer. Granted on February 18, 2022, vesting ratably over three years with the first vest date of February 17, 2023. Each performance stock unit represents the contingent right to receive, at settlement, one share of the issuer's common stock or cash equal to the fair value thereof (calculated pursuant to the incentive agreement), as determined by the issuer. The performance stock units ("PSUs") are eligible to vest based on achievement of five pre-established stock price hurdles (each, a "Stock Price Hurdle") during a seven-year performance period beginning on December 13, 2022. Each of the five tranches of PSUs will vest on the later of the date that the applicable Stock Price Hurdle is achieved or the third, fourth, fifth, sixth and seventh anniversaries of the grant date. Granted on December 13, 2022, vest twenty percent on each of the third, fourth, fifth, sixth and seventh anniversaries of the grant date, starting with the first vest date of December 13, 2025, and settle as soon as administratively possible following the applicable vesting date, but in any event within 30 days thereof. Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024. /s/ Drake Mills 2023-08-22