Thomas M. Cornish - 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
-$1,129,779
Form type
4
Filing time
14 Mar 2025, 17:28:50 UTC
Previous filing
12 Nov 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 $0 +34,816 +35% $0.000000 134,816 12 Mar 2025 Direct F1
transaction BKU Common Stock, par value $0.01 per share Disposed to Issuer $1,129,779 -34,816 -26% $32.45 100,000 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 -25,622 -46% $0.000000 29,932 12 Mar 2025 Common Stock, par value $0.01 per share 25,622 Direct F1, F2
transaction BKU Performance Share Unit Options Exercise $0 -9,194 -100% $0.000000 0 12 Mar 2025 Common Stock, par value $0.01 per share 9,194 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 17,697 units that vested on December 31, 2024 and 14,090 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 7,925 units that vested on December 31, 2024; 7,924 units that will vest on December 31, 2025; and 7,924 that will vest December 31, 2026.
F3 9,194 performance share units vested on December 31, 2024 and are fully vested.