Cairns Michael, CCO, reported a transaction classified as exercise at Live Oak Bancshares, Inc. involving 145.000000 shares for an estimated $0.00. Reported holdings after the transaction were 145.000000 shares. A 10b5-1 reference was not detected in the stored filing text.
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Chief Credit Officer
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock.
145 of the RSUs vested on February 24, 2025 and 145 of the RSUs will vest on February 22, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date.
235 of the RSUs will vest on each of December 15, 2024 and 2025, and 236 of the RSUs will vest on December 15, 2026, subject to the reporting person's continuous service to the Company or a related en…
943 of the RSUs vested on December 9, 2024 and 943 of the RSUs will vest on each of December 8, 2024, 2025, 2026, and 2027, subject to the reporting person's continuous service to the Company or a rel…
945 of the RSUs vested on December 9, 2024, and 946 of the RSUs will vest on each of December 8, 2025, 2026, 2027, and 2028, subject to the reporting person's continuous service to the Company or a re…
2,420 of the RSUs will vest on each of August 19, 2025, 2026, 2027, 2028, and 2029, subject to the reporting person's continuous service to the Company or a related entity on such date.
The RSUs vest in five equal annual installments beginning on February 10, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date.
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