Singh Rajinder P 4
4 · BankUnited, Inc. · Filed Mar 16, 2023
Insider Transaction Report
Form 4
Singh Rajinder P
DirectorPresident and CEOOther
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2023-03-15+39,799→ 301,126 total - Tax Payment
Common Stock, par value $0.01 per share
2023-03-15$23.97/sh−20,719$496,634→ 280,407 total - Exercise/Conversion
Restricted Stock Unit
2023-03-15−39,799→ 55,782 total→ Common Stock, par value $0.01 per share (39,799 underlying)
Footnotes (3)
- [F1]Shares of BankUnited, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the reporting person arising from the vesting of restricted shares on December 31, 2022. These shares were not sold by the reporting person but were instead withheld from the total number of vested shares received by the reporting person from the Issuer.
- [F2]Each restricted stock 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.
- [F3]Issued pursuant to the terms of the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. 39,799 units vested on December 31, 2022, 30,437 units will vest on December 31, 2023, 16,761 units will vest on December 31, 2024, and 8,584 units will vest on December 31, 2025.