AI assistant
Origin Bancorp, Inc. — Director's Dealing 2024
Aug 20, 2024
32162_dirs_2024-08-20_98a08405-32ea-4e6d-ae4d-cdda448b84c8.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Origin Bancorp, Inc. (OBK)
CIK: 0001516912
Period of Report: 2024-08-19
Reporting Person: Wallace Willliam J IV (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-19 | Common Stock | M | 2226 | — | Acquired | 7159 | Direct |
| 2024-08-19 | Common Stock | F | 612 | $31.64 | Disposed | 6547 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-19 | Restricted Stock Units | $ | M | 2226 | Disposed | Common Stock (2226) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1454 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (2877) | 2877 | Direct | |
| Restricted Stock Units | $ | Common Stock (1598) | 1598 | Direct |
Footnotes
F1: Restricted stock units convert into common stock on a one-for-one basis.
F2: Includes 970 shares of Common Stock purchased pursuant to the Origin Bancorp, Inc. 2021 Employee Stock Purchase Plan ("ESPP"), for the purchase period of June 01, 2023 to May 31, 2024.
F3: Represents the number of common stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the restricted stock units and does not represent a sale.
F4: These restricted stock units will vest ratably over five years, with a first vest date of August 18, 2023, and settle as soon as administratively possible following the applicable vesting date, but in any event within 30 days thereof.
F5: Each restricted stock unit represents the contingent right to receive, at settlement, one share of the issuer's common stock or cash equal to the fair value thereof (calculated pursuant to the incentive agreement), as determined by the issuer.
F6: Granted on May 20, 2024, vesting ratably over three years with the first vest date of May 20, 2025.
F7: Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.