Live Oak Bancshares awards cash bonuses and RSUs to four named executive officers

Live Oak Bancshares, Inc.

William C. Losch III receives $77,500 cash bonus and RSU award of 89,615 shares.
M. Huntley Garriott Jr. receives $90,000 cash bonus; no RSU award.
Renato Derraik receives $158,000 cash bonus and RSU award of 89,615 shares.
Neil L. Underwood receives $80,000 cash bonus; no RSU award.
RSUs vest 20% annually over 5 years; forfeited if employment ends before Feb 13, 2028.

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