Alessandro DiNello - Dec 1, 2022 Form 4 Insider Report for NEW YORK COMMUNITY BANCORP INC (NYCB)

Role
Director, Non-Executive Chairman
Signature
/s/ Jan M. Klym, Power of Attorney
Stock symbol
NYCB
Transactions as of
Dec 1, 2022
Transactions value $
$0
Form type
4
Date filed
12/5/2022, 02:31 PM
Previous filing
Apr 21, 2022
Next filing
Jan 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NYCB Common Stock Award $0 +827K $0.00 827K Dec 1, 2022 Direct F1, F2
transaction NYCB Common Stock Award $0 +117K $0.00 117K Dec 1, 2022 By CRUTrust F1, F3
transaction NYCB Common Stock Award $0 +5.12K $0.00 5.12K Dec 1, 2022 By IRA F1
transaction NYCB Common Stock Award $0 +875K $0.00 875K Dec 1, 2022 By SLAT F1, F4
transaction NYCB Common Stock Award $0 +28.9K $0.00 28.9K Dec 1, 2022 By Trust fbo gchild AD F1, F5
transaction NYCB Common Stock Award $0 +28.9K $0.00 28.9K Dec 1, 2022 By Trust fbo gchild DD F1, F5
transaction NYCB Common Stock Award $0 +24.6K $0.00 24.6K Dec 1, 2022 By Trust fbo gchild LeoG F1, F5
transaction NYCB Common Stock Award $0 +16.6K $0.00 16.6K Dec 1, 2022 By Trust fbo gchild MG F1, F5
transaction NYCB Common Stock Award $0 +4.54K $0.00 4.54K Dec 1, 2022 By Trust fbo LukeG F1, F5
transaction NYCB Common Stock Award $0 +829K $0.00 829K Dec 1, 2022 By Wife's SLAT F1, F6
transaction NYCB Common Stock Award $0 +827 $0.00 827 Dec 1, 2022 By Wife's Trust F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired pursuant to the Agreement and Plan of Merger, dated as of April 24, 2021, as amended (the "Merger Agreement"), by and between New York Community Bancorp, Inc. ("NYCB") and Flagstar Bancorp, Inc. ("Flagstar") pursuant to which Flagstar merged with and into NYCB on December 1, 2022 (the "Effective Time"). Pursuant to the Merger Agreement, at the Effective Time of the merger, each share of Flagstar common stock issued and outstanding prior to the Effective Time was converted into the right to receive 4.0151 shares of NYCB common stock and cash in lieu of fractional shares. On December 1, 2022, the closing price of Flagstar's common stock was $37.54 per share and the closing price of NYCB's common stock was $9.19 per share.
F2 Total includes Flagstar RSUs and Flagstar PSUs which were accelerated pursuant to the terms of the reporting person's change-in-control agreement in connection with the merger and exchanged for Merger Consideration pursuant to the terms of the Merger Agreement.
F3 These shares are held in a charitable remainder unitrust of which the reporting person is a trustee and of which the reporting person and his wife are beneficiaries. The reporting person continues to report beneficial ownership of all of the New York Community Bancorp, Inc. common stock held by the trust but disclaims beneficial ownership except to the extent of his and his wife's pecuniary interest therein.
F4 Spousal Lifetime Access Trust (SLAT) wherein reporting person's spouse is initial trustee and beneficiary.
F5 These shares are held in a trust for the benefit of the reporting person's grandchild. The reporting person's spouse is a co-trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F6 Spousal Lifetime Access Trust (SLAT) wherein reporting person is initial trustee and beneficiary.
F7 The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.