SEC Form 4 · accession 0001209191-18-062505
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
Dec 12, 2018
Accepted (ET)
Dec 13, 2018 · 5:52 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 | Dec 12, 2018 | P | 18,000 | $14.7911 | A | 46,100 | D | |
| Voting Common StockF2 | Dec 12, 2018 | P | 2,000 | $15.4534 | A | 48,100 | D | |
| Voting Common Stock | holding | — | — | — | 85,000 | I | By 2015 GRAT | |
| Voting Common Stock | holding | — | — | — | 774,310 | I | By William L. Williams Revocable Trust | |
| Voting Common Stock | holding | — | — | — | 450,000 | I | By Elizabeth L. Williams Revocable Trust | |
| 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 $14.38 to $15.28. 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 $15.3799 to $15.6299. 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.