SEC Form 4 · accession 0001299709-16-000272
Axos Financial, Inc. · AX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Garrabrants
Officer — President and CEO · Director
Period of report
Aug 24, 2016
Accepted (ET)
Aug 26, 2016 · 6:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001299709
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | Aug 24, 2016 | A | 288,000 | A | — | — | Common Stock | 288,000 | 720,000 | D |
Explanation of responses
- F1Grant to the reporting person on August 24, 2016, of restricted stock units ("RSUs") under the BofI Holding, Inc. 2014 stock incentive plan in connection with the reporting person's employment contract as President and Chief Executive Officer.
- F2Each RSU represents a contingent right to receive one share of BofI Holding, Inc. Common Stock. The RSUs are accompanied by dividend equivalent rights.
- F3The RSUs vest over four years, one-fourth on each fiscal year-end following the date of grant.