Jay Dyer - Sep 26, 2022 Form 4 Insider Report for Origin Bancorp, Inc. (OBK)

Role: Director
Signature: /s/ Drake Mills, as Attorney-in-Fact
Stock symbol: OBK
Transactions as of: Sep 26, 2022
Transactions value $: $105,770
Form type: 4
Date filed: 9/26/2022, 04:04 PM
Previous filing: Sep 7, 2022
Next filing: Feb 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OBK	Common Stock	Options Exercise	$106K	+7K	+25.21%	$15.11	34.8K	Sep 26, 2022	Direct
holding	OBK	Common Stock						3.82K	Sep 26, 2022	By IRA
holding	OBK	Common Stock						15.4K	Sep 26, 2022	By KSOP
holding	OBK	Common Stock						105	Sep 26, 2022	BY ISSUER RETIREMENT PLAN
holding	OBK	Common Stock						60	Sep 26, 2022	By self as custodian for child 1
holding	OBK	Common Stock						24	Sep 26, 2022	By self as custodian for child 2
holding	OBK	Common Stock						13	Sep 26, 2022	By self as custodian for child 3
holding	OBK	Common Stock						57.9K	Sep 26, 2022	By limited partnership	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	OBK	Stock Options (Right to Buy)	Options Exercise	$0	-7K	-55.65%	$0.00	5.58K	Sep 26, 2022	Common Stock	7K	$15.11	Direct	F2
holding	OBK	Stock Options (Right to Buy)						3.97K	Sep 26, 2022	Common Stock	3.97K	$19.64	Direct	F2
holding	OBK	Stock Options (Right to Buy)						6.62K	Sep 26, 2022	Common Stock	6.62K	$19.64	Direct	F2
holding	OBK	Stock Options (Right to Buy)						9.93K	Sep 26, 2022	Common Stock	9.93K	$22.28	Direct	F2
holding	OBK	Stock Options (Right to Buy)						8.28K	Sep 26, 2022	Common Stock	8.28K	$23.64	Direct	F2
holding	OBK	Stock Options (Right to Buy)						7.61K	Sep 26, 2022	Common Stock	7.61K	$31.72	Direct	F2
holding	OBK	Stock Options (Right to Buy)						1.66K	Sep 26, 2022	Common Stock	1.66K	$37.76	Direct	F2
holding	OBK	Stock Options (Right to Buy)						16.6K	Sep 26, 2022	Common Stock	16.6K	$33.23	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person has investment control over the shares held or controlled by SBSPBL, LP, a limited partnership. The reporting person disclaims beneficial ownership of the securities reported herein,except to the extent of his pecuniary interest therein, if any. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 (the "Exchange Act"), the filing of this statement shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any securities reported herein.
F2	Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding and unexercised option to purchase shares of BTH common stock became fully vested and automatically converted intoan option to purchase shares of issuer common stock, with the number of underlying shares and the exercise price determined as set forth in the Merger Agreement. Each option to purchase shares of issuer common stock is subject to the same terms and conditions (excluding vesting but including exercisability terms) as the corresponding option to purchase shares of BTH common stock immediately prior to the effective time of the Merger.

Content

The reporting person has investment control over the shares held or controlled by SBSPBL, LP, a limited partnership. The reporting person disclaims beneficial ownership of the securities reported herein,except to the extent of his pecuniary interest therein, if any. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 (the "Exchange Act"), the filing of this statement shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any securities reported herein.

Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding and unexercised option to purchase shares of BTH common stock became fully vested and automatically converted intoan option to purchase shares of issuer common stock, with the number of underlying shares and the exercise price determined as set forth in the Merger Agreement. Each option to purchase shares of issuer common stock is subject to the same terms and conditions (excluding vesting but including exercisability terms) as the corresponding option to purchase shares of BTH common stock immediately prior to the effective time of the Merger.