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The shares were sold in multiple transactions at prices ranging from $86.28 - $86.78, both inclusive. The reporting person undertakes to provide to U.S. Physical Therapy, Inc., any of its shareholders or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 500 shares of common stock which was granted as restricted stock pursuant to the Company's Amended and Restated 2003 Stock Incentive Plan.  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Restrictions lapsed as to 1,000 on the date of grant, October 3, 2017, for the remaining 1,000 shares 500 will lapse on each of January 1, 2018, and April 1, 2018, if he is a director of the Company on those dates."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes the 2,000 shares discussed in Note 1."}],"balance_after":29096,"source":{"system":"sec-edgar","filing":"0001209191-17-055733","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/885978/000120919117055733/doc4.xml","form_type":"4"}},{"id":4304707,"issuer":{"id":2023,"kind":"organization","name":"Live Oak Bancshares, Inc.","symbol":"LOB"},"owners":[{"id":155461,"kind":"person","name":"PULLINS JERALD L","position":1,"cik":"0001242160","reported_name":"PULLINS JERALD L","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Restricted Stock Units","published_at":"2017-05-25T21:39:50.000Z","date":"2017-05-24","kind":"exercise","acquired":false,"shares":1892,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Each restricted stock unit represents a contingent right to receive one share of Live Oak Bancshares voting common stock."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"The restricted units vest on May 24, 2017."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"The restricted units vest on May 24, 2017."}],"balance_after":0,"derivative":{"underlying":"Voting Common Stock","underlying_shares":1892},"source":{"system":"sec-edgar","filing":"0001209191-17-035519","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1462120/000120919117035519/doc4.xml","form_type":"4"}},{"id":4304706,"issuer":{"id":2023,"kind":"organization","name":"Live Oak Bancshares, Inc.","symbol":"LOB"},"owners":[{"id":155461,"kind":"person","name":"PULLINS JERALD L","position":1,"cik":"0001242160","reported_name":"PULLINS JERALD L","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Voting Common Stock","published_at":"2017-05-25T21:39:50.000Z","date":"2017-05-24","kind":"exercise","acquired":true,"shares":1892,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Each restricted stock unit represents a contingent right to receive one share of Live Oak Bancshares voting common stock."}],"balance_after":237272,"source":{"system":"sec-edgar","filing":"0001209191-17-035519","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1462120/000120919117035519/doc4.xml","form_type":"4"}},{"id":4324626,"issuer":{"id":2023,"kind":"organization","name":"Live Oak Bancshares, Inc.","symbol":"LOB"},"owners":[{"id":155461,"kind":"person","name":"PULLINS JERALD L","position":1,"cik":"0001242160","reported_name":"PULLINS JERALD L","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Restricted Stock Units","published_at":"2017-05-11T21:04:57.000Z","date":"2017-05-09","kind":"grant","acquired":true,"shares":1210,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Each restricted stock unit represents a contingent right to receive one share of Live Oak Bancshares voting common stock."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"The restricted units vest on May 9, 2018."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"The restricted units vest on May 9, 2018."}],"balance_after":1210,"derivative":{"underlying":"Voting Common Stock","underlying_shares":1210},"source":{"system":"sec-edgar","filing":"0001209191-17-031574","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1462120/000120919117031574/doc4.xml","form_type":"4"}}]}