Lee Matthew Smith - Jun 28, 2021 Form 4 Insider Report for FLAGSTAR BANCORP INC ((NYSE:FBC))

Role: EVP and President of Mortgage
Signature: /s/ Christine M Reid by Power of Attorney for Mr. Smith
Stock symbol: (NYSE:FBC)
Transactions as of: Jun 28, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/30/2021, 04:20 PM
Next filing: Jan 4, 2022

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	+360	+0.15%	$0.00	248K	Jun 28, 2021	Direct
transaction	(NYSE:FBC)	Flagstar Bancorp, Inc. Common Stock	Tax liability	$0	-157	-0.06%	$0.00	248K	Jun 28, 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 (LSR062818)	Options Exercise	$0	-360	-100%	$0.00^*	0	Jun 28, 2021	Flagstar Bancorp, Inc. Common Stock	360		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 vest in equal amounts on the anniversary of the grant date over a period of three years.