SEC Form 4 · accession 0001299709-16-000243
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, 2016
Accepted (ET)
Jul 13, 2016 · 12:36 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, 2016 | M | 953 | $18.22 | A | 2,258 | D | |
| Common Stock | holding | — | — | — | 428 | I | 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | $0.00 | Jul 11, 2016 | M | 953 | D | — | — | Common Stock | 953 | 5,399 | D |
Explanation of responses
- F1Represents shares of Common Stock issued on July 11, 2016 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 and 2014 Stock Incentive Plan.
- F2The RSU's were granted to the reporting person under the BofI Holding, Inc. 2004 and 2014 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.
- F3The RSU's vest over three years, one-third on each anniversary date of grant.