Stephen Figliuolo V - 01 Dec 2022 Form 4 Insider Report for FLAGSTAR BANCORP INC

Role
EVP and Chief Risk Officer
Signature
/s/ Jan M. Klym, By Power of Attorney for Mr. Figliuolo
Issuer symbol
N/A
Transactions as of
01 Dec 2022
Net transactions value
$0
Form type
4
Filing time
05 Dec 2022, 13:26:08 UTC
Previous filing
22 Jun 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 +3,985 +9.9% $0.000000 44,311 01 Dec 2022 Direct F1, F2
transaction (NYSE:FBC) Flagstar Bancorp, Inc. Common Stock Options Exercise $0 +8,397 +19% $0.000000 52,708 01 Dec 2022 Direct F1
transaction (NYSE:FBC) Flagstar Bancorp, Inc. Common Stock Options Exercise $0 +13,503 +26% $0.000000 66,211 01 Dec 2022 Direct F1
transaction (NYSE:FBC) Flagstar Bancorp, Inc. Common Stock Tax liability $0 -10,446 -16% $0.000000 55,765 01 Dec 2022 Direct F3
transaction (NYSE:FBC) Flagstar Bancorp, Inc. Common Stock Disposed to Issuer -55,765 -100% 0 01 Dec 2022 Direct F4

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 -3,985 -100% 0 01 Dec 2022 Flagstar Bancorp, Inc. Common Stock 3,985 Direct F1
transaction (NYSE:FBC) Restricted Stock Unit (L052521) Options Exercise -8,397 -100% 0 01 Dec 2022 Flagstar Bancorp, Inc. Common Stock 8,397 Direct F1
transaction (NYSE:FBC) Restricted Stock Unit (L052422) Disposed to Issuer -13,503 -100% 0 01 Dec 2022 Flagstar Bancorp, Inc. Common Stock 13,503 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Stephen Figliuolo V is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 At the Effective Time of the merger, pursuant to the terms of a Change in Control Agreement, these Issuer RSUs received accelerated vesting.
F2 Since the reporting person's last ownership report, total directly held shares were reduced by 21,425 shares that were transferred pursuant to a domestic relations order and are no longer reported as beneficially owned.
F3 These shares were surrendered to the issuer to cover the tax obligations on shares for which restrictions have lapsed.
F4 Disposed of in connection with the Agreement and Plan of Merger by and among Issuer and New York Community Bancorp, Inc. ("NYCB"), dated April 24, 2021, as amended (the "Merger Agreement"), pursuant to which the Issuer was merged with and into NYCB on December 1, 2022 (the "Effective Time"). Pursuant to the Merger Agreement, as of the Effective Time, each issued and outstanding share of the Issuer's common stock was converted into the right to receive 4.0151 shares of NYCB common stock (the "Exchange Ratio") and cash in lieu of fractional shares, if applicable.