Cornish Thomas M. 4
4 · BankUnited, Inc. · Filed Mar 15, 2024
Insider Transaction Report
Form 4
Cornish Thomas M.
Chief Operating Officer
Transactions
- Disposition to Issuer
Common Stock, par value $0.01 per share
2024-03-14$27.22/sh−39,169$1,066,180→ 110,378 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2024-03-14+39,169→ 149,547 total - Exercise/Conversion
Restricted Stock Unit
2024-03-14−23,729→ 31,787 total→ Common Stock, par value $0.01 per share (23,729 underlying) - Exercise/Conversion
Performance Share Unit
2024-03-14−15,440→ 0 total→ Common Stock, par value $0.01 per share (15,440 underlying)
Holdings
- 400(indirect: By Trust)
Common Stock, par value $0.01 per share
Footnotes (4)
- [F1]Each restricted stock unit and performance share unit represents the right to receive, at settlement, one share of common stock or cash in an amount equal to the fair market value of one share of common stock.
- [F2]Shares held by the P.A. Castellanos-Cornish Revocable Trust for which Mr. Cornish serves as a co-trustee. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of these shares for Section 16 or any other purpose.
- [F3]Issued pursuant to the terms of the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. 23,729 units vested on December 31, 2023, 17,697 units will vest on December 31, 2024, and 14,090 units will vest on December 31, 2025.
- [F4]15,440 performance share units vested on December 31, 2023 and are fully vested.