Thomas M. Cornish - Dec 31, 2021 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: Dec 31, 2021
Transactions value $: $0
Form type: 4
Date filed: 1/3/2022, 04:01 PM
Next filing: Apr 1, 2022

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	$583K	+13.8K	+13.52%	$42.37	116K	Dec 31, 2021	Direct
transaction	BKU	Common Stock, par value $0.01 per share	Disposed to Issuer	-$583K	-13.8K	-11.91%	$42.37	102K	Dec 31, 2021	Direct
holding	BKU	Common Stock, par value $0.01 per share						400	Dec 31, 2021	As Co-Trustee	F1

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	-13.8K	-33.76%	$0.00	27K	Dec 31, 2021	Common Stock, par value $0.01 per share	13.8K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	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.
F3	Issued pursuant to the terms of the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. 13,767 units vested on December 31, 2021, 13,765 units will vest on December 31, 2022, 9,637 units will vest on December 31, 2023, and 3,606 units will vest on December 31, 2024.