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

Role
Officer of Subsidiary
Signature
/s/ Susan Greenfield, Attorney-in-Fact
Issuer symbol
BKU
Transactions as of
14 Mar 2024
Net transactions value
-$628,619
Form type
4
Filing time
15 Mar 2024, 21:10:52 UTC
Previous filing
27 Mar 2023
Next filing
01 Apr 2024
SEC
View on sec.gov

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 +23,094 +119% 42,421 14 Mar 2024 Direct F1
transaction BKU Common Stock, par value $0.01 per share Disposed to Issuer $628,619 -23,094 -54% $27.22 19,327 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 -13,990 -43% $0.000000 18,742 14 Mar 2024 Common Stock, par value $0.01 per share 13,990 Direct F1, F2
transaction BKU Performance Share Unit Options Exercise $0 -9,104 -100% $0.000000* 0 14 Mar 2024 Common Stock, par value $0.01 per share 9,104 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. 13,990 units vested on December 31, 2023, 10,434 units will vest on December 31, 2024, and 8,308 units will vest on December 31, 2025.
F3 9,104 performance share units vested on December 31, 2023 and are fully vested.

Remarks:

The Reporting Person is the Chief Investment Officer of BankUnited, N.A., a wholly owned subsidiary of BankUnited, Inc