0001209191-22-005252.txt : 20220127 0001209191-22-005252.hdr.sgml : 20220127 20220127172747 ACCESSION NUMBER: 0001209191-22-005252 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220125 FILED AS OF DATE: 20220127 DATE AS OF CHANGE: 20220127 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: 22564443 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 2022-01-25 0 0001462120 Live Oak Bancshares, Inc. LOB 0001545352 Glossman Diane Beth 1741 TIBURON DRIVE WILMINGTON NC 28403 1 0 0 0 Voting Common Stock 2022-01-25 4 M 0 7500 10.634 A 61752 D Stock Option (right to buy) 10.634 2022-01-25 4 M 0 7500 0.00 D 2024-09-19 Voting Common Stock 7500 0 D Restricted Stock Units Voting Common Stock 1229 1229 D 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. 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. /s/ Jonathan A. Greene, by Power of Attorney 2022-01-27