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Origin Bancorp, Inc. Director's Dealing 2022

Aug 3, 2022

32162_dirs_2022-08-03_13a2b307-e4fa-4a95-8d0c-5062a33ae9b8.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Origin Bancorp, Inc. (OBNK)
CIK: 0001516912
Period of Report: 2022-08-01

Reporting Person: Sirman Lori (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-08-01 Common Stock A 54932 Acquired 54932 Direct
2022-08-01 Common Stock A 8829 Acquired 8829 Indirect
2022-08-01 Common Stock A 19893 Acquired 19893 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-08-01 Stock Options (Right to Buy) $15.11 A 23173 Acquired 2023-01-22 Common Stock (23173.0) Direct
2022-08-01 Stock Options (Right to Buy) $15.11 A 1324 Acquired 2023-12-16 Common Stock (1324.0) Direct
2022-08-01 Stock Options (Right to Buy) $19.64 A 2751 Acquired 2024-12-15 Common Stock (2751.0) Direct
2022-08-01 Stock Options (Right to Buy) $19.64 A 5674 Acquired 2025-12-21 Common Stock (5674.0) Direct
2022-08-01 Stock Options (Right to Buy) $22.28 A 6621 Acquired 2026-06-20 Common Stock (6621.0) Direct
2022-08-01 Stock Options (Right to Buy) $23.64 A 4568 Acquired 2026-12-19 Common Stock (4568.0) Direct
2022-08-01 Stock Options (Right to Buy) $31.72 A 18538 Acquired 2027-12-18 Common Stock (18538.0) Direct
2022-08-01 Stock Options (Right to Buy) $37.01 A 16552 Acquired 2028-12-18 Common Stock (16552.0) Direct
2022-08-01 Stock Options (Right to Buy) $37.76 A 23173 Acquired 2029-12-16 Common Stock (23173.0) Direct
2022-08-01 Stock Options (Right to Buy) $33.23 A 23173 Acquired 2031-02-16 Common Stock (23173.0) Direct

Footnotes

F1: Acquired in exchange for 82,973 shares of BT Holdings, Inc. ("BTH") in connection with the merger of BTH with and into the issuer (the "Merger"). Pursuant to the Agreement and Plan of Merger by and between the issuer and BTH (the "Merger Agreement"), at the effective time of the Merger each share of BTH common stock was converted into the right to receive approximately 0.6621 shares of the issuer's common stock. On the effective date of the Merger, the closing price of the issuer's common stock was $43.07 per share.

F2: Acquired in exchange for 13,336 shares of BT Holdings, Inc. ("BTH") in connection with the merger of BTH with and into the issuer (the "Merger"). Pursuant to the Agreement and Plan of Merger by and between the issuer and BTH (the "Merger Agreement"), at the effective time of the Merger each share of BTH common stock was converted into the right to receive approximately 0.6621 shares of the issuer's common stock. On the effective date of the Merger, the closing price of the issuer's common stock was $43.07 per share.

F3: Acquired in exchange for 30,048 shares of BT Holdings, Inc. ("BTH") in connection with the merger of BTH with and into the issuer (the "Merger"). Pursuant to the Agreement and Plan of Merger by and between the issuer and BTH (the "Merger Agreement"), at the effective time of the Merger each share of BTH common stock was converted into the right to receive approximately 0.6621 shares of the issuer's common stock. On the effective date of the Merger, the closing price of the issuer's common stock was $43.07 per share.

F4: Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding and unexercised option to purchase shares of BTH common stock became fully vested and automatically converted into an option to purchase shares of issuer common stock, with the number of underlying shares and the exercise price determined as set forth in the Merger Agreement. Each option to purchase shares of issuer common stock is subject to the same terms and conditions (excluding vesting but including exercisability terms) as the corresponding option to purchase shares of BTH common stock immediately prior to the effective time of the Merger.