Liberty 77 Capital L.P. - Mar 13, 2024 Form 4 Insider Report for NEW YORK COMMUNITY BANCORP, INC. (NYCB)

Role: Director
Signature: /s/ See Signatures Included in Exhibit 99.1
Stock symbol: NYCB
Transactions as of: Mar 13, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/14/2024, 08:06 PM
Previous filing: Mar 14, 2024
Next filing: Mar 29, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NYCB	Common Stock	Award		+6.75M	+19.32%		41.7M	Mar 13, 2024	See footnotes	F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NYCB	Series C Preferred Stock	Conversion of derivative security		-6.75K	-100%		0	Mar 13, 2024	Common Stock	6.75M		See footnotes	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities included herein were acquired or disposed of by Liberty Strategic Capital (CEN) Holdings, LLC, a Delaware limited liability company (the "Liberty Purchaser"). Liberty 77 Capital L.P. (the "Liberty Manager"), a Delaware limited partnership, is the investment manager of the members of the Liberty Purchaser. Liberty 77 Capital Partners L.P. ("Liberty Manager GP"), a Delaware limited partnership, is the general partner of the Liberty Manager. Liberty Capital L.L.C., a Delaware limited liability company, is the general partner of the Liberty Manager GP. STM Partners LLC, a Delaware limited liability company, indirectly controls the Liberty Manager. Steven T. Mnuchin is the trustee of the managing member of STM Partners LLC.
F2	Each Reporting Person disclaims beneficial ownership of these securities except to the extent of its or his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F3	Under the terms of the Investment Agreement, dated March 7, 2024 (as amended on March 11, 2024), between New York Community Bancorp, Inc. and the Liberty Purchaser and the related certificate of designations, at the option of the Liberty Purchaser, 6,751 shares of Series C Noncumulative Convertible Preferred Stock, par value $0.01 per share (the "Series C Preferred Stock"), were converted into shares of Common Stock, par value $0.01 per share, of the Issuer (the "Common Stock") on a 1-for-1,000 basis, subject to certain adjustments. The Series C Preferred Stock has no expiration date.