4//SEC Filing
Marx Bryan 4
Accession 0001033012-22-000113
CIK 0001033012other
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 2:45 PM ET
Size
14.5 KB
Accession
0001033012-22-000113
Insider Transaction Report
Form 4
FLAGSTAR BANCORP INC(NYSE:FBC)
Marx Bryan
SVP Chief Accting Officer(PAO)
Transactions
- Disposition to Issuer
Restricted Stock Unit (L052521)
2022-12-01−1,679→ 0 total→ Flagstar Bancorp, Inc. Common Stock (1,679 underlying) - Disposition to Issuer
Restricted Stock Unit (L060220)
2022-12-01−797→ 0 total→ Flagstar Bancorp, Inc. Common Stock (797 underlying) - Disposition to Issuer
Restricted Stock Unit (L052422)
2022-12-01−2,701→ 0 total→ Flagstar Bancorp, Inc. Common Stock (2,701 underlying) - Tax Payment
Flagstar Bancorp, Inc. Common Stock
2022-12-01−2,168→ 14,539 total - Award
Flagstar Bancorp, Inc. Common Stock
2022-12-01+2,922→ 16,707 total - Disposition to Issuer
Flagstar Bancorp, Inc. Common Stock
2022-12-01−14,539→ 0 total
Footnotes (3)
- [F1]The reporting person acquired these shares upon the settlement of certain Performance Share Units (PSUs) of the issuer, accelerated at merger. The PSUs were originally granted on June 2, 2020 under the Issuer's 2016 Stock Award and Incentive Plan.
- [F2]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.
- [F3]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 0001632143
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 2:45 PM ET
- Size
- 14.5 KB