SEC Form 4 · accession 0001033012-17-000033
FLAGSTAR BANCORP INC · (NYSE:FBC)
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee Matthew Smith
Officer — Executive Vice President & COO
Period of report
Apr 6, 2017
Accepted (ET)
Apr 10, 2017 · 4:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001033012
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Flagstar Bancorp, Inc. Common Stock | Apr 6, 2017 | M | 3,555 | $0.00 | A | 46,674 | D | |
| Flagstar Bancorp, Inc. Common Stock | Apr 6, 2017 | F | 1,124 | $0.00 | D | 45,550 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | — | Apr 6, 2017 | M | 3,555 | D | — | — | Flagstar Bancorp, Inc. Common Stock | 3,555 | 271,993 | D |
Explanation of responses
- F1These shares were surrendered to the issuer to cover the tax obligations on shares for which restrictions have lapsed.
- F2Each restricted stock unit represents a contingent right to receive one share of Flagstar Bancorp, Inc. Common Stock.
- F3The restricted stock units were granted on April 6, 2015, and will vest 25% on both the first and second anniversary of the grant date, and the remaining 50% on the third anniversary of the grant date.