SEC Form 4 · accession 0001209191-17-006844
Live Oak Bancshares, Inc. · LOB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William L. Williams III
Officer — Vice Chairman & EVP · Director
Period of report
Jan 30, 2017
Accepted (ET)
Feb 1, 2017 · 5:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001462120
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Voting Common StockF1 | Jan 30, 2017 | P | 30,000 | $20.35 | A | 30,000 | I | By 2015 GRAT |
| Voting Common StockF2 | Jan 31, 2017 | P | 20,000 | $20.33 | A | 50,000 | I | By 2015 GRAT |
| Voting Common Stock | holding | — | — | — | 1,252,410 | D | ||
| Voting Common Stock | holding | — | — | — | 14,110 | I | By Spoint-ILM, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $20.05 to $20.40. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected.
- F2This transaction was executed in multiple trades at prices ranging from $20.20 to $20.45. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected.