Lee Matthew Smith - Mar 15, 2022 Form 4 Insider Report for FLAGSTAR BANCORP INC ((NYSE:FBC))

Role: EVP and President of Mortgage
Signature: /s/ Jan M Klym by Power of Attorney for Mr. Smith
Stock symbol: (NYSE:FBC)
Transactions as of: Mar 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/16/2022, 04:36 PM
Previous filing: Jan 4, 2022
Next filing: Mar 22, 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	+1.28K	+0.4%	$0.00	320K	Mar 15, 2022	Direct
transaction	(NYSE:FBC)	Flagstar Bancorp, Inc. Common Stock	Tax liability	$0	-356	-0.11%	$0.00	319K	Mar 15, 2022	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 (LTIP31521)	Options Exercise	$0	-1.28K	-25%	$0.00	3.84K	Mar 15, 2022	Flagstar Bancorp, Inc. Common Stock	1.28K	$0.00	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	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.