Neil Lawrence Underwood - Dec 15, 2021 Form 4 Insider Report for Live Oak Bancshares, Inc. (LOB)

Role
President, Director
Signature
/s/ Jonathan A. Greene, by Power of Attorney
Stock symbol
LOB
Transactions as of
Dec 15, 2021
Transactions value $
-$1,797,312
Form type
4
Date filed
12/17/2021, 04:52 PM
Previous filing
Feb 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOB Voting Common Stock Sale -$1.8M -21.1K -1.5% $85.12 1.38M Dec 15, 2021 By Neil L. Underwood Revocable Trust F1
holding LOB Voting Common Stock 34.4K Dec 15, 2021 By Linda D. Underwood Revocable Trust F2
holding LOB Voting Common Stock 121K Dec 15, 2021 By Linda D. Underwood Spousal Gift Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $85.00 to $85.73. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
F2 Excludes 120,641 shares previously reported as held by the Linda D. Underwood Revocable Trust that were transferred to the Linda D. Underwood Spousal Gift Trust.