CAMNER ALFRED R 4
4 · BANKUNITED FINANCIAL CORP · Filed Jun 19, 2007
Insider Transaction Report
Form 4
CAMNER ALFRED R
DirectorChairman of the Board and CEO
Transactions
- Exercise/Conversion
Noncumulative Convertible Preferred Stock, Series B
2007-06-15+50,000→ 992,833 total - Exercise/Conversion
Stock Option (right to buy)
2007-06-15$10.85/sh−50,000$542,260→ 0 totalExercise: $10.85From: 1997-10-27Exp: 2007-10-26→ Noncumulative Convertible Preferred Stock, Series B (50,000 underlying)
Holdings
- 26,720(indirect: By Trust)
Noncumulative Convertible Preferred Stock, Series B
- 5,868(indirect: By Trust)
Noncumulative Convertible Preferred Stock, Series B
- 3,103(indirect: By Spouse)
Noncumulative Convertible Preferred Stock, Series B
Footnotes (2)
- [F1]Each share of Noncumulative Convertible Preferred Stock, Series B ("Series B Preferred Stock") is convertible into 1.4959 shares of the Company's Class B Common Stock. Each share of Series B Preferred Stock is entitled to 2.5 votes per share. Each share of Class B Common Stock is convertible into one share of Class A Common Stock.
- [F2]The options to purchase Series B Preferred Stock were exercisable at a price of $10.8452 per share until 10 years from the grant date of October 27, 1997. These options were granted under the 1996 Incentive Compensation and Stock Award Plan.