Rishi Bansal - 12 Mar 2025 Form 4 Insider Report for BankUnited, Inc. (BKU)

Signature
/s/ Jacqueline Bravo, as Attorney-in-Fact
Issuer symbol
BKU
Transactions as of
12 Mar 2025
Net transactions value
-$666,069
Form type
4
Filing time
14 Mar 2025, 17:22:38 UTC
Previous filing
01 Apr 2024
Next filing
25 Apr 2025

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 +20,526 +106% 39,853 12 Mar 2025 Direct F1
transaction BKU Common Stock, par value $0.01 per share Disposed to Issuer $666,069 -20,526 -52% $32.45 19,327 12 Mar 2025 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 -15,106 -46% $0.000000 17,652 12 Mar 2025 Common Stock, par value $0.01 per share 15,106 Direct F1, F2
transaction BKU Performance Share Unit Options Exercise $0 -5,420 -100% $0.000000 0 12 Mar 2025 Common Stock, par value $0.01 per share 5,420 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 share 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 10,434 units that vested on December 31, 2024 and 8,308 units that will vest on December 31, 2025 were granted under the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. The units granted under the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan include 4,672 units that vested on December 31, 2024; 4,672 units that will vest on December 31, 2025; and 4,672 that will vest December 31, 2026.
F3 5,420 performance share units vested on December 31, 2024 and are fully vested.

Remarks:

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