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Origin Bancorp, Inc. Director's Dealing 2023

Dec 15, 2023

32162_dirs_2023-12-15_01a45f08-813f-43a2-bd4b-3a1c84807304.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Origin Bancorp, Inc. (OBK)
CIK: 0001516912
Period of Report: 2023-12-14

Reporting Person: Dyer Jay (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-12-14 Common Stock M 3972 $19.64 Acquired 40742 Direct
2023-12-14 Common Stock M 6621 $19.64 Acquired 47363 Direct
2023-12-14 Common Stock M 9931 $22.28 Acquired 57294 Direct
2023-12-14 Common Stock M 8276 $23.64 Acquired 65570 Direct
2023-12-14 Common Stock M 7614 $31.72 Acquired 73184 Direct
2023-12-14 Common Stock M 16552 $33.23 Acquired 89736 Direct
2023-12-14 Common Stock F 41725 $35.58 Disposed 48011 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-12-14 Stock Options (Right to Buy) $19.64 M 3972 Disposed 2024-12-15 Common Stock (3972) Direct
2023-12-14 Stock Options (Right to Buy) $19.64 M 6621 Disposed 2025-12-21 Common Stock (6621) Direct
2023-12-14 Stock Options (Right to Buy) $22.28 M 9931 Disposed 2026-06-20 Common Stock (9931) Direct
2023-12-14 Stock Options (Right to Buy) $23.64 M 8276 Disposed 2026-12-19 Common Stock (8276) Direct
2023-12-14 Stock Options (Right to Buy) $31.72 M 7614 Disposed 2027-12-18 Common Stock (7614) Direct
2023-12-14 Stock Options (Right to Buy) $33.23 M 16552 Disposed 2031-02-16 Common Stock (16552) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 18460 Indirect
Common Stock 3822 Indirect
Common Stock 60 Indirect
Common Stock 24 Indirect
Common Stock 13 Indirect
Common Stock 57906 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (Right to Buy) $37.76 2029-12-16 Common Stock (1655) 1655 Direct

Footnotes

F1: Shares were sold to cover the exercise price and the tax liability in connection with the exercising of stock options.

F2: This transaction was executed in multiple trades at prices ranging from $35.57 to $36.21. The price reported above reflects the weighted average sale 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 transaction was effected.

F3: The reporting person has investment control over the shares held or controlled by SBSPBL, LP, a limited partnership. The reporting person disclaims beneficial ownership of the securities reported herein,except to the extent of his pecuniary interest therein, if any. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 (the "Exchange Act"), the filing of this statement shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any securities reported herein.

F4: Pursuant to the Merger Agreement, at the effective time of the Merger, August 1, 2022, 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.