4//SEC Filing
Smith Lee Matthew 4
Accession 0001033012-22-000109
CIK 0001033012other
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 2:29 PM ET
Size
14.9 KB
Accession
0001033012-22-000109
Insider Transaction Report
Form 4
FLAGSTAR BANCORP INC(NYSE:FBC)
Smith Lee Matthew
Executive Vice President
Transactions
- Disposition to Issuer
Restricted Stock Unit (LTP032222)
2022-12-01−5,113→ 0 total→ Flagstar Bancorp, Inc. Common Stock (5,113 underlying) - Disposition to Issuer
Flagstar Bancorp, Inc. Common Stock
2022-12-01−337,081→ 0 total - Disposition to Issuer
Resticted Stock Unit (LTP31920)
2022-12-01−2,557→ 0 total→ Flagstar Bancorp, Inc. Common Stock (2,557 underlying) - Award
Flagstar Bancorp, Inc. Common Stock
2022-12-01+6,250→ 330,831 total - Disposition to Issuer
Restricted Stock Unit (LTIP31521)
2022-12-01−3,835→ 0 total→ Flagstar Bancorp, Inc. Common Stock (3,835 underlying) - Award
Flagstar Bancorp, Inc. Common Stock
2022-12-01+6,250→ 337,081 total
Footnotes (4)
- [F1]Represents performance-based restricted stock units ("PSUs") which had not been previously reported that converted into time-vesting NYCB RSUs pursuant to the terms of the Merger Agreement. The PSUs were originally granted on March 15, 2021 under the Issuer's 2016 Stock Award and Incentive Plan.
- [F2]Represents PSUs which had not been previously reported that converted into time-vesting NYCB RSUs pursuant to the terms of the Merger Agreement. The PSUs were originally granted on March 22, 2022 under the Issuer's 2016 Stock Award and Incentive Plan.
- [F3]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.
- [F4]At the Effective Time of the merger, pursuant to the terms of the Merger Agreement, each Issuer RSU was converted into a time-based restricted stock unit denominated in shares of NYCB Common Stock based on the Exchange Ratio (NYCB "RSUs").
Documents
Issuer
FLAGSTAR BANCORP INC
CIK 0001033012
Entity typeother
Related Parties
1- filerCIK 0001582883
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 2:29 PM ET
- Size
- 14.9 KB