Figliuolo Stephen V 4
4 · FLAGSTAR BANCORP INC · Filed Dec 5, 2022
Insider Transaction Report
Form 4
FLAGSTAR BANCORP INC(NYSE:FBC)
Figliuolo Stephen V
EVP and Chief Risk Officer
Transactions
- Tax Payment
Flagstar Bancorp, Inc. Common Stock
2022-12-01−10,446→ 55,765 total - Exercise/Conversion
Restricted Stock Unit (L060220)
2022-12-01−3,985→ 0 total→ Flagstar Bancorp, Inc. Common Stock (3,985 underlying) - Exercise/Conversion
Flagstar Bancorp, Inc. Common Stock
2022-12-01+13,503→ 66,211 total - Exercise/Conversion
Restricted Stock Unit (L052521)
2022-12-01−8,397→ 0 total→ Flagstar Bancorp, Inc. Common Stock (8,397 underlying) - Disposition to Issuer
Restricted Stock Unit (L052422)
2022-12-01−13,503→ 0 total→ Flagstar Bancorp, Inc. Common Stock (13,503 underlying) - Exercise/Conversion
Flagstar Bancorp, Inc. Common Stock
2022-12-01+3,985→ 44,311 total - Exercise/Conversion
Flagstar Bancorp, Inc. Common Stock
2022-12-01+8,397→ 52,708 total - Disposition to Issuer
Flagstar Bancorp, Inc. Common Stock
2022-12-01−55,765→ 0 total
Footnotes (4)
- [F1]At the Effective Time of the merger, pursuant to the terms of a Change in Control Agreement, these Issuer RSUs received accelerated vesting.
- [F2]Since the reporting person's last ownership report, total directly held shares were reduced by 21,425 shares that were transferred pursuant to a domestic relations order and are no longer reported as beneficially owned.
- [F3]These shares were surrendered to the issuer to cover the tax obligations on shares for which restrictions have lapsed.
- [F4]Disposed of in connection with the Agreement and Plan of Merger by and among Issuer and New York Community Bancorp, Inc. ("NYCB"), dated April 24, 2021, as amended (the "Merger Agreement"), pursuant to which the Issuer was merged with and into NYCB on December 1, 2022 (the "Effective Time"). Pursuant to the Merger Agreement, as of the Effective Time, each issued and outstanding share of the Issuer's common stock was converted into the right to receive 4.0151 shares of NYCB common stock (the "Exchange Ratio") and cash in lieu of fractional shares, if applicable.