Accession Number: | 0001209191-20-018455 |
Date: | 2020-03-11 |
Issuer: | LIVE OAK BANCSHARES, INC. (LOB) |
Original Submission Date: |
CAMERON WILLIAM HENDERSON
1741 TIBURON DRIVE
WILMINGTON, NC 28403
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
VOTING COMMON STOCK | 2020-03-11 | P | 2,000 | a | $11.79 | 137,297 | indirect | ||
VOTING COMMON STOCK | 2020-03-11 | 0 | $0.00 | 470 | indirect |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED STOCK UNITS | 0.0 | deemed execution date | 0 ( ) | voting common stock 2,990 | $0.00 | 2,990 | direct | |||||
STOCK OPTION (RIGHT TO BUY) | 4.4 | deemed execution date | 0 ( ) | 2024-03-26 | voting common stock 30,000 | $4.40 | 30,000 | direct |
ID | footnote |
---|---|
f1 | each restricted stock unit represents a contingent right to receive one share of live oak bancshares, inc. voting common stock. |
f2 | the restricted stock units vest on may 1, 2020. |
f3 | the shares subject to this option vest and become exercisable yearly in seven installments beginning on march 26, 2015, as follows: 10% of the shares subject to the option vest on each of march 26, 2015, 2016, 2017, 2018, and 2019; and 25% of the shares subject to the option vest on each of march 26, 2020 and 2021. |