James Ciroli - 18 Jun 2022 Form 4 Insider Report for FLAGSTAR BANCORP INC

Role: EVP and Chief Financ Officer
Signature: /s/ Jan M. Klym, by Power of Attorney for Mr. Ciroli
Issuer symbol: N/A
Transactions as of: 18 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 22 Jun 2022, 18:29:20 UTC
Previous filing: 03 Jun 2022
Next filing: 05 Dec 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	Options Exercise	$0	+3,501	+4.8%	$0.000000	76,692	18 Jun 2022	Direct
transaction	(NYSE:FBC)	Flagstar Bancorp, Inc. Common Stock	Tax liability	$0	-853	-1.1%	$0.000000	75,839	18 Jun 2022	Direct	F1
holding	(NYSE:FBC)	Flagstar Bancorp, Inc. Common Stock						3,000	18 Jun 2022	By Spouse's IRA

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 (L061819)	Options Exercise	$0	-3,501	-100%	$0.000000^*	0	18 Jun 2022	Flagstar Bancorp, Inc. Common Stock	3,501		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 were granted on June 18, 2019, 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.