Thomas M. Cornish - Mar 14, 2024 Form 4 Insider Report for BankUnited, Inc. (BKU)

Role
Chief Operating Officer
Signature
/s/ Susan Greenfield, Attorney-in-Fact
Stock symbol
BKU
Transactions as of
Mar 14, 2024
Transactions value $
-$1,066,180
Form type
4
Date filed
3/15/2024, 09:08 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 +39.2K +35.49% 150K Mar 14, 2024 Direct F1
transaction BKU Common Stock, par value $0.01 per share Disposed to Issuer -$1.07M -39.2K -26.19% $27.22 110K Mar 14, 2024 Direct
holding BKU Common Stock, par value $0.01 per share 400 Mar 14, 2024 As Co-Trustee F2

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 -23.7K -42.74% $0.00 31.8K Mar 14, 2024 Common Stock, par value $0.01 per share 23.7K Direct F1, F3
transaction BKU Performance Share Unit Options Exercise $0 -15.4K -100% $0.00* 0 Mar 14, 2024 Common Stock, par value $0.01 per share 15.4K Direct F1, F4
* 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 Shares held by the P.A. Castellanos-Cornish Revocable Trust for which Mr. Cornish serves as a co-trustee. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of these shares for Section 16 or any other purpose.
F3 Issued pursuant to the terms of the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. 23,729 units vested on December 31, 2023, 17,697 units will vest on December 31, 2024, and 14,090 units will vest on December 31, 2025.
F4 15,440 performance share units vested on December 31, 2023 and are fully vested.