Leslie Lunak - Mar 14, 2024 Form 4 Insider Report for BankUnited, Inc. (BKU)

Role
Chief Financial Officer
Signature
/s/ Susan Greenfield, Attorney-in-Fact
Stock symbol
BKU
Transactions as of
Mar 14, 2024
Transactions value $
-$604,447
Form type
4
Date filed
3/15/2024, 09:07 PM
Previous filing
Mar 27, 2023
Next filing
Apr 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKU Common Stock, par value $0.01 per share Options Exercise +22.2K +26.86% 105K Mar 14, 2024 Direct F1
transaction BKU Common Stock, par value $0.01 per share Disposed to Issuer -$604K -22.2K -21.17% $27.22 82.7K Mar 14, 2024 Direct

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 BKU Restricted Stock Unit Options Exercise $0 -13.5K -42.74% $0.00 18K Mar 14, 2024 Common Stock, par value $0.01 per share 13.5K Direct F1, F2
transaction BKU Performance Share Unit Options Exercise $0 -8.75K -100% $0.00* 0 Mar 14, 2024 Common Stock, par value $0.01 per share 8.75K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit and performance share unit represents the right to receive, at settlement, one share of common stock or cash in an amount equal to the fair market value of one share of common stock.
F2 Issued pursuant to the terms of the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. 13,452 units vested on December 31, 2023, 10,032 units will vest on December 31, 2024, and 7,988 units will vest on December 31, 2025.
F3 8,754 performance share units vested on December 31, 2023 and are fully vested.