SEC Form 4 · accession 0001299709-15-000056
Axos Financial, Inc. · AX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Derrick Walsh
Officer — SVP & Chief Accounting Officer
Period of report
Jul 11, 2015
Accepted (ET)
Jul 14, 2015 · 9:03 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 | Jul 11, 2015 | M | 113 | $109.69 | A | 113 | D | |
| Common StockF1,F2 | Jul 11, 2015 | F | 49 | $109.69 | D | 64 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4,F5 | $0.00 | Jul 11, 2015 | A | 373 | A | — | — | Common Stock | 373 | 1,450 | D |
| Restricted Stock UnitsF6,F5 | $0.00 | Jul 11, 2015 | M | 113 | D | — | — | Common Stock | 113 | 1,337 | D |
Explanation of responses
- F1Represents shares of Common Stock issued on July 11, 2015 following the vesting of Restricted Stock Units (RSU's) which vest one-third each year. The RSU's were previously granted to the reporting person under the BofI Holding, Inc. 2004 Stock Incentive Plan.
- F2Represents shares of Common Stock retained by BofI Holding, Inc. for tax witholding purposes in connection with the net-settlement on the issuance of shares of Common Stock in respect to the vested RSU's.
- F3Grant to the reporting person on July 11, 2015 of restricted stock units (RSU's) under the BOFI Holding. Inc. 2014 Stock Incentive Plan.
- F4Each RSU represents a contingent right to receive one share of BofI Holding, Inc. Common Stock. The RSU's are accompanied by dividend equivalent rights.
- F5The RSU's vest over three years, one-third on each anniversary date of grant.
- F6The RSU's were granted to the reporting person under the BofI Holding, Inc. 2004 Stock Incentive Plan. Each RSU represents a contingent right to receive one share of BofI Holding, Inc. Common Stock. The RSU's are accompanied by dividend equivalent rights.