Rajinder P. Singh - 29 Dec 2021 Form 4 Insider Report for BankUnited, Inc. (BKU)

Role
President and CEO, Director, Chairman of the Board
Signature
/s/ Susan Greenfield, Attorney-in-Fact
Issuer symbol
BKU
Transactions as of
29 Dec 2021
Net transactions value
$0
Form type
4
Filing time
03 Jan 2022, 16:03:07 UTC
Next filing
10 Jan 2022
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 $1,693,910 +39,979 +10% $42.37 438,234 29 Dec 2021 Direct
transaction BKU Common Stock, par value $0.01 per share Disposed to Issuer $1,693,910 -39,979 -9.1% $42.37 398,255 29 Dec 2021 Direct
transaction BKU Common Stock, par value $0.01 per share Options Exercise $1,322,580 +31,215 +7.8% $42.37 429,470 31 Dec 2021 Direct
transaction BKU Common Stock, par value $0.01 per share Disposed to Issuer $1,322,580 -31,215 -7.3% $42.37 398,255 31 Dec 2021 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 -39,979 -30% $0.000000 92,460 29 Dec 2021 Common Stock, par value $0.01 per share 39,979 Direct F1, F2
transaction BKU Restricted Stock Unit Options Exercise $0 -31,215 -34% $0.000000 61,245 31 Dec 2021 Common Stock, par value $0.01 per share 31,215 Direct F1, F2
* 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. 39,979 units vested on December 29, 2021, 31,215 units vested on December 31, 2021, 31,215 units will vest on December 31, 2022, 21,853 units will vest on December 31, 2023, and 8,177 units will vest on December 31, 2024.