Rajinder P. Singh - 14 Mar 2024 Form 4 Insider Report for BankUnited, Inc. (BKU)

Signature
/s/ Susan Greenfield, Attorney-in-Fact
Issuer symbol
BKU
Transactions as of
14 Mar 2024
Net transactions value
-$2,417,626
Form type
4
Filing time
15 Mar 2024, 21:09:58 UTC
Previous filing
27 Mar 2023
Next filing
01 Apr 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 +88,818 +32% 369,225 14 Mar 2024 Direct F1
transaction BKU Common Stock, par value $0.01 per share Disposed to Issuer $2,417,626 -88,818 -24% $27.22 280,407 14 Mar 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 -53,806 -43% $0.000000 72,082 14 Mar 2024 Common Stock, par value $0.01 per share 53,806 Direct F1, F2
transaction BKU Performance Share Unit Options Exercise $0 -35,012 -100% $0.000000* 0 14 Mar 2024 Common Stock, par value $0.01 per share 35,012 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. 53,806 units vested on December 31, 2023, 40,130 units will vest on December 31, 2024, and 31,952 units will vest on December 31, 2025.
F3 35,012 performance share units vested on December 31, 2023 and are fully vested.