SEC Form 4 · accession 0001299709-15-000052
Axos Financial, Inc. · AX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Gary Burke
Director
Period of report
Jun 11, 2015
Accepted (ET)
Jun 12, 2015 · 8:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001299709
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 11, 2015 | M | 7,500 | $8.50 | A | 462,995 | D | |
| Common StockF2 | Jun 11, 2015 | M | 5,400 | $7.35 | A | 468,395 | D | |
| Common StockF1 | Jun 11, 2015 | F | 3,055 | $99.83 | D | 465,340 | D | |
| Common StockF1 | Jun 11, 2015 | F | 2,159 | $99.83 | D | 463,181 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $7.35 | Jun 11, 2015 | M | 5,400 | D | Jul 24, 2007 | Jul 25, 2016 | Common Stock | 5,400 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $8.50 | Jun 11, 2015 | M | 7,500 | D | Nov 28, 2006 | Nov 29, 2015 | Common Stock | 7,500 | 0 | D |
Explanation of responses
- F1Options outstanding of 7,500 were set to imminently expire. The 7,500 options were settled in a cashless transaction with the Company, where the Company withheld 3,055 shares for the exercise price and taxes paid, which resulted in 4,445 shares issued.
- F2Options outstanding of 5,400 were set to imminently expire. The 5,400 options were settled in a cashless transaction with the Company, where the Company withheld 2,159 shares for the exercise price and taxes paid, which resulted in 3,241 shares issued.