0001209191-18-062504.txt : 20181213
0001209191-18-062504.hdr.sgml : 20181213
20181213175219
ACCESSION NUMBER: 0001209191-18-062504
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20181212
FILED AS OF DATE: 20181213
DATE AS OF CHANGE: 20181213
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Underwood Neil Lawrence
CENTRAL INDEX KEY: 0001337412
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37497
FILM NUMBER: 181234092
MAIL ADDRESS:
STREET 1: 1420 CANOOCHEE DRIVE
CITY: ATLANTA
STATE: GA
ZIP: 30319
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
2018-12-12
0
0001462120
Live Oak Bancshares, Inc.
LOB
0001337412
Underwood Neil Lawrence
1741 TIBURON DRIVE
WILMINGTON
NC
28403
1
1
0
0
President
Voting Common Stock
2018-12-12
4
P
0
15546
16.08
A
1248269
D
Voting Common Stock
50000
I
By spouse
Performance Restricted Stock Units
2023-03-23
Voting Common Stock
600000
600000
D
Each performance restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock. The vesting of the performance RSUs was subject to the Company achieving total revenue of at least $100 million for fiscal year 2016. In addition, in order for the RSUs to vest, the Company's voting common stock must attain a closing price equal to or greater than $34.00 per share for at least twenty (20) consecutive trading days at any time prior to March 23, 2023.
/s/ Jonathan A. Greene, by Power of Attorney
2018-12-13