SEC Form 4 · accession 0001299709-17-000125
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
Dec 23, 2017
Accepted (ET)
Dec 27, 2017 · 9:18 pm EST
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 | Dec 23, 2017 | M | 474 | $29.04 | A | 6,994 | D | |
| Common StockF1,F2 | Dec 23, 2017 | F | 178 | $29.04 | D | 6,816 | D | |
| Common Stock | holding | — | — | — | 744 | 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 UnitsF3,F4 | $0.00 | Dec 23, 2017 | M | 474 | D | — | — | Common Stock | 474 | 10,219 | D |
Explanation of responses
- F1Represents shares of Common Stock issued on December 23, 2017 following the vesting of Restricted Stock Units ("RSUs") which vest one-third each year. The RSUs were previously granted to the reporting person under the BofI Holding, Inc. 2014 Stock Incentive Plan.
- F2Represents shares of Common Stock retained by BofI Holding, Inc. for tax withholding purposes in connection with the net-settlement on the issuance of shares of Common Stock in respect to the vested RSUs.
- F3Each RSU represents a contingent right to receive one share of BofI Holding, Inc. Common Stock. The RSUs are accompanied by dividend equivalent rights.
- F4The RSUs vest over three years, one-third on each anniversary date of grant.