James J. Odonovan - 25 Jan 2022 Form 4 Insider Report for NEW YORK COMMUNITY BANCORP INC (FLG)

Role: Director
Signature: /s/ Salvatore J. DiMartino, Power of Attorney
Issuer symbol: FLG
Transactions as of: 25 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 27 Jan 2022, 16:46:16 UTC
Next filing: 05 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NYCB	Common Stock	Award	$0	+9,434	$0.000000	9,434	25 Jan 2022	By Stock Award XII	F1
holding	NYCB	Common Stock					737,647	25 Jan 2022	Direct	F2
holding	NYCB	Common Stock					241,140	25 Jan 2022	By 401(k)	F3
holding	NYCB	Common Stock					388,471	25 Jan 2022	By SERP	F4
holding	NYCB	Common Stock					4,500	25 Jan 2022	By Stock Award IX	F5
holding	NYCB	Common Stock					3,000	25 Jan 2022	By Stock Award VII	F6
holding	NYCB	Common Stock					3,000	25 Jan 2022	By Stock Award VIII	F7
holding	NYCB	Common Stock					7,208	25 Jan 2022	By Stock Award X	F8
holding	NYCB	Common Stock					8,212	25 Jan 2022	By Stock Award XI	F9

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

Explanation of Responses:

Id	Content
F1	9,434 shares granted under Stock Award XII on January 25, 2022 pursuant to the New York Community Bancorp, Inc. 2020 Omnibus Incentive Plan, will vest on January 25, 2023.
F2	The number of shares held directly includes certain shares that were previously held by Stock Awards and that have subsequently vested.
F3	The New York Community Bancorp, Inc. Employee Stock Ownership Plan (the "ESOP") was merged with and into the New York Community Bancorp, Inc. Employee Savings Plan, (the "401(k) Plan") and all assets of the ESOP were transferred to the 401(k) Plan. This transaction is exempt pursuant to Rule 16a-13. Prior to the merger of the ESOP into the 401(k) Plan, on November 24, 2021, a minimum required distribution was made by the ESOP. On December 16, 2021, a minimum required distribution was made by the 401(k) plan.
F4	This form reflects increases in beneficial ownership resulting from dividend reinvestment pursuant to Rule 16a-11.
F5	The remaining 4,500 shares, granted under Stock Award IX on March 1, 2019 pursuant to the New York Community Bancorp, Inc. 2012 Stock Incentive Plan, will vest in three equal annual installments commencing on March 1, 2022.
F6	The remaining 3,000 shares, granted under Stock Award VII on April 1, 2017 pursuant to the New York Community Bancorp, Inc. 2012 Stock Incentive Plan, will vest on April 1, 2022.
F7	The remaining 3,000 shares, granted under Stock Award VIII on February 15, 2018 pursuant to the New York Community Bancorp, Inc. 2012 Stock Incentive Plan, will vest in two equal annual installments commencing on February 15, 2022.
F8	The remaining 7,208 shares granted under Stock Award X on January 29, 2020 pursuant to the New York Community Bancorp, Inc. 2012 Stock Incentive Plan, will vest in four equal annual installments commencing on January 29, 2022.
F9	8,212 shares granted under Stock Award XI on January 26, 2021 pursuant to the New York Community Bancorp, Inc. 2020 Omnibus Incentive Plan, will vest on January 26, 2022.

Remarks:

Since the reporting person's last report, 5,318 shares previously held by the reporting person as custodian for his grandson were transferred to such grandson upon his attainment of the age of majority and are no longer reported by the reporting person.