0001209191-23-009586.txt : 20230214
0001209191-23-009586.hdr.sgml : 20230214
20230214210646
ACCESSION NUMBER: 0001209191-23-009586
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230210
FILED AS OF DATE: 20230214
DATE AS OF CHANGE: 20230214
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Garriott Huntley
CENTRAL INDEX KEY: 0001754522
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37497
FILM NUMBER: 23633328
MAIL ADDRESS:
STREET 1: C/O LIVE OAK BANCSHARES, INC.
STREET 2: 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]
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
2023-02-10
0
0001462120
Live Oak Bancshares, Inc.
LOB
0001754522
Garriott Huntley
1741 TIBURON DRIVE
WILMINGTON
NC
28403
0
1
0
0
President, Live Oak Bank
Voting Common Stock
2023-02-10
4
M
0
4449
A
380895
D
Voting Common Stock
2023-02-10
4
F
0
1404
34.34
D
379491
D
Voting Common Stock
2023-02-13
4
M
0
7500
A
386991
D
Voting Common Stock
2023-02-13
4
F
0
2209
35.15
D
384782
D
Restricted Stock Units
2023-02-10
4
M
0
4449
0.00
D
Voting Common Stock
4449
8899
D
Restricted Stock Units
2023-02-13
4
M
0
7500
0.00
D
Voting Common Stock
7500
0
D
Restricted Stock Units
Voting Common Stock
500000
500000
D
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock.
4,449 of the RSUs will vest on each of February 10, 2022, 2023, and 2024; and 4,450 of the RSUs will vest on February 10, 2025, subject to the reporting person's continuous service to the Company or a related entity on such date.
The RSUs vest in equal annual installments beginning on February 11, 2020 as follows: 7,500 shares vest on each of February 11, 2020, 2021, 2022, and 2023.
100,000 of the RSUs will vest annually beginning on February 22, 2023, 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
2023-02-14