Alessandro DiNello - 03 Mar 2022 Form 4 Insider Report for FLAGSTAR BANCORP INC

Role
CEO and President, Director
Signature
/s/ Jan M Klym, By Power of Attorney of Mr. DiNello
Issuer symbol
N/A
Transactions as of
03 Mar 2022
Net transactions value
$0
Form type
4
Filing time
16 Mar 2022, 16:31:03 UTC
Previous filing
04 Jan 2022
Next filing
22 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction (NYSE:FBC) Flagstar Bancorp, Inc. Common Stock Gift $0 -218,000 -61% $0.000000 136,529 03 Mar 2022 Direct F1, F2
transaction (NYSE:FBC) Flagstar Bancorp, Inc. Common Stock Options Exercise $0 +2,557 +1.9% $0.000000 139,086 15 Mar 2022 Direct
transaction (NYSE:FBC) Flagstar Bancorp, Inc. Common Stock Tax liability $0 -659 -0.47% $0.000000 138,427 15 Mar 2022 Direct F3
transaction (NYSE:FBC) Flagstar Bancorp, Inc. Common Stock Gift $0 +218,000 $0.000000 218,000 03 Mar 2022 By SLAT 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 (LTIP31521) Options Exercise $0 -2,557 -25% $0.000000 7,671 15 Mar 2022 Flagstar Bancorp, Inc. Common Stock 2,557 $0.000000 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On the Transaction Date, the Reporting Person transferred 218,000 shares directly held into an irrevocable Spousal Lifetime Access Trust (SLAT) for the benefit of the reporting person's spouse wherein the reporting person's spouse is the initial trustee and beneficiary.
F2 Includes .0011 shares acquired on 2/16/2022 under the Issuer's qualified dividend reinvestment plan.
F3 These shares were surrendered to the issuer to cover the tax obligations on shares for which restrictions have lapsed.
F4 Each restricted stock unit represents a contingent right to receive one share of Flagstar Bancorp, Inc. Common Stock.
F5 The restricted stock units vest 25% each on first and second anniversary of the grant date, and the remaining 50% on the third anniversary of the grant date.