Alessandro DiNello - Mar 6, 2024 Form 4 Insider Report for NEW YORK COMMUNITY BANCORP INC (NYCB)

Role
Executive Chairman, President and CEO, Director
Signature
Jan M. Klym, By Power of Attorney
Stock symbol
NYCB
Transactions as of
Mar 6, 2024
Transactions value $
$0
Form type
4
Date filed
3/8/2024, 09:53 PM
Previous filing
Feb 9, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NYCB Common Stock Award $0 +1.69M +1289.45% $0.00 1.82M Mar 6, 2024 Direct F1
holding NYCB Common Stock 114K Mar 6, 2024 By IRA
holding NYCB Common Stock 14.6K Mar 6, 2024 By Stock Award (012324) F2
holding NYCB Common Stock 1.08M Mar 6, 2024 By SLAT F3
holding NYCB Common Stock 829K Mar 6, 2024 By Wife's SLAT F4
holding NYCB Common Stock 266K Mar 6, 2024 By Wife's Trust F5
holding NYCB Common Stock 117K Mar 6, 2024 By CRUTrust F6
holding NYCB Common Stock 35.3K Mar 6, 2024 By Trust fbo gchild DD F7
holding NYCB Common Stock 35.3K Mar 6, 2024 By Trust fbo gchild AD F7
holding NYCB Common Stock 31K Mar 6, 2024 By Trust fbo gchild LeoG F7
holding NYCB Common Stock 23K Mar 6, 2024 By Trust fbo gchild MG F7
holding NYCB Common Stock 10.9K Mar 6, 2024 By Trust fbo LukeG F7

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 Stock Options (Right to Buy) Award $0 +4M $0.00 4M Mar 6, 2024 Common Stock 4M $3.46 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units ("RSUs") granted under the New York Community Bancorp, Inc. 2020 Omnibus Incentive Plan (the "Plan") and will vest, on the first anniversary of the grant date, on March 6, 2025. The total number of RSUs that will settle under the terms of the award will be the lesser of (a) 1,690,000 shares or (b) a number of shares that have an aggregate value of $5,840,000 on the settlement date.
F2 These shares were granted under the Plan and will vest, on the first anniversary of the grant date, on January 23, 2025.
F3 Spousal Lifetime Access Trust (SLAT) wherein reporting person's spouse is initial trustee and beneficiary.
F4 Spousal Lifetime Access Trust (SLAT) wherein reporting person is initial trustee and beneficiary.
F5 The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F6 These shares are held in a charitable remainder unitrust of which the reporting person is a trustee and of which the reporting person and his wife are beneficiaries. The reporting person continues to report beneficial ownership of all of the New York Community Bancorp, Inc. common stock held by the trust but disclaims beneficial ownership except to the extent of his and his wife's pecuniary interest therein.
F7 These shares are held in a trust for the benefit of the reporting person's grandchild. The reporting person's spouse is a co-trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F8 These options were granted under the Plan and will vest, on the first anniversary of the grant date, on March 6, 2025.

Remarks:

Executive Chairman, President and CEO