SEC Form 4 · accession 0001033012-18-000090
FLAGSTAR BANCORP INC · (NYSE:FBC)
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew W Ottaway
Officer — Michigan Market President
Period of report
Jun 28, 2018
Accepted (ET)
Jul 2, 2018 · 4:11 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 | — | — | — | 11,749 | 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 Unit (L062818)F1,F2 | — | Jun 28, 2018 | A | 2,593 | A | Jun 28, 2019 | Jun 28, 2021 | Flagstar Bancorp, Inc. Common Stock | 2,593 | 2,593 | D |
| Restricted Stock Unit (LSR062818)F1,F3 | — | Jun 28, 2018 | A | 576 | A | Jun 28, 2019 | Jun 28, 2021 | Flagstar Bancorp, Inc. Common Stock | 576 | 576 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Flagstar Bancorp, Inc. Common Stock.
- F2The restricted stock units were granted on June 28, 2018, 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.
- F3These restricted stock units vest in equal amounts on the anniversary of the grant date over a period of three years.