0001209191-21-063416.txt : 20211108
0001209191-21-063416.hdr.sgml : 20211108
20211108172144
ACCESSION NUMBER: 0001209191-21-063416
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211104
FILED AS OF DATE: 20211108
DATE AS OF CHANGE: 20211108
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Glossman Diane Beth
CENTRAL INDEX KEY: 0001545352
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37497
FILM NUMBER: 211388963
MAIL ADDRESS:
STREET 1: 2820 RIVER ROAD
CITY: NEW HOPE
STATE: PA
ZIP: 18938
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
2021-11-04
0
0001462120
Live Oak Bancshares, Inc.
LOB
0001545352
Glossman Diane Beth
1741 TIBURON DRIVE
WILMINGTON
NC
28403
1
0
0
0
Voting Common Stock
2021-11-04
4
S
0
7500
97.897
D
54252
D
Restricted Stock Units
Voting Common Stock
1229
1229
D
Stock Option (right to buy)
10.634
2024-09-19
Voting Common Stock
7500
7500
D
This transaction was executed in multiple trades at prices ranging from $97.782815 to $98.060502. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected.
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, 2022.
The shares subject to this option vested and became exercisable yearly in seven installments beginning on September 19, 2015, as follows: 10% of the shares subject to the option vested on each of September 19, 2015, 2016, 2017, 2018, and 2019; and 25% of the shares subject to the option vested on each of September 19, 2020 and 2021.
/s/ Jonathan A. Greene, by Power of Attorney
2021-11-08