0001193125-24-035568.txt : 20240214 0001193125-24-035568.hdr.sgml : 20240214 20240214112550 ACCESSION NUMBER: 0001193125-24-035568 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240214 DATE AS OF CHANGE: 20240214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Live Oak Bancshares, Inc. CENTRAL INDEX KEY: 0001462120 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 264596286 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-89344 FILM NUMBER: 24634385 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: AMERIPRISE FINANCIAL INC CENTRAL INDEX KEY: 0000820027 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] ORGANIZATION NAME: 02 Finance IRS NUMBER: 133180631 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1099 AMERIPRISE FINANCIAL CENTER CITY: MINNEAPOLIS STATE: MN ZIP: 55474 BUSINESS PHONE: 612-671-8001 MAIL ADDRESS: STREET 1: 1099 AMERIPRISE FINANCIAL CENTER CITY: MINNEAPOLIS STATE: MN ZIP: 55474 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN EXPRESS FINANCIAL CORP DATE OF NAME CHANGE: 20030513 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN EXPRESS FINANCIAL ADVISORS DATE OF NAME CHANGE: 19950711 FORMER COMPANY: FORMER CONFORMED NAME: IDS FINANCIAL CORP/MN/ DATE OF NAME CHANGE: 19920703 SC 13G/A 1 d780621dsc13ga.htm SC 13G/A SC 13G/A

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Amendment #1

Under the Securities and Exchange Act of 1934

 

 

Live Oak Bancshares Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

53803X105

(CUSIP Number)

December 31, 2023

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

This Schedule is filed pursuant to Rule 13d-1(b)

The information required in the remainder of this cover page (except any items to which the form provides a cross-reference) shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

 

 

 

CUSIP NO. 53803X105

 

 1)   

 Name of Reporting Person

 Ameriprise Financial, Inc.

 

 S.S. or I.R.S. Identification No. of Above Person

 IRS No. 13-3180631

 2)  

 Check the Appropriate Box if a Member of a Group

 

 (a) ☐  (b) ☒*

 

*  This filing describes the reporting person’s relationship with other persons, but the reporting person does not affirm the existence of a group.

 3)  

 SEC Use Only

 

 4)  

 Citizenship or Place of Organization

 

 Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

    5)   

 Sole Voting Power

 

 0

   6)  

 Shared Voting Power

 

 810,043

   7)  

 Sole Dispositive Power

 

 0

   8)  

 Shared Dispositive Power

 

 884,296

 9)   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 884,296

10)  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 Not Applicable

11)  

 Percent of Class Represented by Amount In Row (9)

 

 1.99%

12)  

 Type of Reporting Person

 

 HC

1(a)    Name of Issuer:    Live Oak Bancshares Inc
1(b)    Address of Issuer’s Principal    1741 Tiburon Drive
   Executive Offices:    Wilmington, North Carolina 28403
2(a)    Name of Person Filing:    Ameriprise Financial, Inc. (“AFI”)
2(b)    Address of Principal Business Office:    Ameriprise Financial, Inc.
      145 Ameriprise Financial Center
      Minneapolis, MN 55474
2(c)    Citizenship:    Delaware
2(d)    Title of Class of Securities:    Common Stock
2(e)    Cusip Number:    53803X105
3    Information if statement is filed pursuant to Rules 13d-1(b) or 13d-2(b):
  

Ameriprise Financial, Inc.

   A parent holding company in accordance with Rule 13d-1(b)(1)(ii)(G). (Note: See Item 7)
4    Incorporated by reference to Items (5)-(9) and (11) of the cover page pertaining to each reporting person.
   AFI disclaims beneficial ownership of any shares reported on this Schedule.
5    Ownership of 5% or Less of a Class:
   If this statement is being filed to report the fact as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following (X).
6    Ownership of more than 5% on Behalf of Another Person: Not Applicable
7    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: Not Applicable
8    Identification and Classification of Members of the Group: Not Applicable
9    Notice of Dissolution of Group: Not Applicable

10    Certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 14, 2024

 

Ameriprise Financial, Inc.
By:  

/s/ Michael G. Clarke

Name:   Michael G. Clarke
Title:   Senior Vice President, North America Head of Operations & Investor Services
Contact Information
Dominic Geddes
Global Head of Reporting
Global Operations and Investor Services
Telephone: +442074645779