SEC Form 4/A · accession 0001033012-18-000033
FLAGSTAR BANCORP INC · (NYSE:FBC)
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Alessandro DiNello
Officer — CEO and President · Director
Period of report
Mar 20, 2018
Accepted (ET)
Mar 26, 2018 · 8:18 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 | holding | — | — | — | 116,509 | D | ||
| Flagstar Bancorp, Inc. Common StockF1 | holding | — | — | — | 14,521 | I | By 401(k) Plan | |
| Flagstar Bancorp, Inc. Common Stock | holding | — | — | — | 1,274 | I | By IRA | |
| Flagstar Bancorp, Inc. Common Stock | holding | — | — | — | 206 | I | By Wife's Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit (LTP32018)F3,F2,F4 | — | Mar 20, 2018 | A | 10,227 | A | — | — | Flagstar Bancorp, Inc. Common Stock | 10,227 | 10,227 | D |
Explanation of responses
- F1Because the stock fund component of the 401(k) Plan is accounted for in unit accounting, the number of share equivalents varies based on the closing price of Flagstar Bancorp, Inc. stock on the applicable measurement date.
- F2Each restricted stock unit represents a contingent right to receive one share of Flagstar Bancorp, Inc. Common Stock.
- F3Amended due to administrative error, wherein the number of shares were incorrectly reported as 40,909.
- F4The restricted stock units were granted on March 20, 2018, and will vest 25 percent on both the first and second anniversary of the grant date, and the remaining 50 percent on the third anniversary of the grant date.