SEC Form 4 · accession 0001033012-18-000037
FLAGSTAR BANCORP INC · (NYSE:FBC)
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Ciroli
Officer — EVP and Chief Financ Officer
Period of report
Apr 6, 2018
Accepted (ET)
Apr 10, 2018 · 4:09 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 StockF1 | Apr 6, 2018 | M | 3,047 | $0.00 | A | 19,473 | D | |
| Flagstar Bancorp, Inc. Common Stock | Apr 6, 2018 | F | 872 | $0.00 | D | 18,601 | 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 UnitF3,F4 | — | Apr 6, 2018 | M | 3,047 | D | — | — | Flagstar Bancorp, Inc. Common Stock | 3,047 | 0 | D |
Explanation of responses
- F1Includes 666.67 shares acquired under a FBC employee stock purchase plan on March 29, 2018.
- F2These shares were surrendered to the issuer to cover the tax obligations on shares for which restrictions have lapsed.
- F3Each restricted stock unit represents a contingent right to receive one share of Flagstar Bancorp, Inc. Common Stock.
- F4The 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.