Filing Details

Accession Number:
0001209191-15-064356
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-08-06 16:08:30
Reporting Period:
2015-08-04
Filing Date:
2015-08-06
Accepted Time:
2015-08-06 16:08:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1462120 Live Oak Bancshares Inc. LOB State Commercial Banks (6022) 264596286
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1647097 William J. Holt 1741 Tiburon Drive
Wilmington NC 28403
Chief Revenue Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Voting Common Stock Disposition 2015-08-04 45,000 $20.18 25,500 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Voting Common Stock Employee Stock Option (right to buy) $10.63 2024-09-09 100,000 100,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2024-09-09 100,000 100,000 Direct
Footnotes
  1. The sales price represents the weighted average sales price ranging in price from $20.00 to $20.35. The number of shares sold at each separate price will be made available to the SEC Staff, the issuer, or a security holder of the issuer upon request.
  2. The shares subject to this option vest and become exercisable yearly in seven installments beginning on September 19, 2015, as follows: 10% of the shares subject to the option vest on each of September 19, 2015, 2016, 2017, 2018, and 2019; and 25% of the shares subject to the option vest on each of September 19, 2020 and 2021.