James Ciroli - Jun 2, 2021 Form 4 Insider Report for FLAGSTAR BANCORP INC ((NYSE:FBC))

Role
EVP and Chief Financ Officer
Signature
/s/ Jan M Klym, by Power of Attorney for Mr. Ciroli
Stock symbol
(NYSE:FBC)
Transactions as of
Jun 2, 2021
Transactions value $
$0
Form type
4
Date filed
6/4/2021, 04:06 PM
Previous filing
May 27, 2021
Next filing
Jun 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction (NYSE:FBC) Flagstar Bancorp, Inc. Common Stock Options Exercise $0 +1.99K +4.6% $0.00 45.3K Jun 2, 2021 Direct
transaction (NYSE:FBC) Flagstar Bancorp, Inc. Common Stock Tax liability $0 -570 -1.26% $0.00 44.7K Jun 2, 2021 Direct F1

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 (NYSE:FBC) Restricted Stock Unit (L060220) Options Exercise $0 -1.99K -25.01% $0.00 5.98K Jun 2, 2021 Flagstar Bancorp, Inc. Common Stock 1.99K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were surrendered to the issuer to cover the tax obligations on shares for which restrictions have lapsed.
F2 Each restricted stock unit represents a contingent right to receive one share of Flagstar Bancorp, Inc. Common Stock.
F3 These restricted stock units were granted on June 2, 2020, and will vest 25% on both the first and second anniversary of the grant date, and the remaining 50% on the third anniversary of the grant date.