SEC Form 4 · accession 0001033012-19-000009
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
Dec 31, 2018
Accepted (ET)
Jan 3, 2019 · 4:12 pm EST
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 | Dec 31, 2018 | M | 12,097 | $0.00 | A | 102,727 | D | |
| Flagstar Bancorp, Inc. Common Stock | Dec 31, 2018 | M | 17,046 | $0.00 | A | 119,773 | D | |
| Flagstar Bancorp, Inc. Common Stock | Dec 31, 2018 | F | 12,708 | $0.00 | D | 107,065 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock Units (L52416) | $0.00 | Dec 31, 2018 | M | 12,097 | D | Dec 31, 2018 | Dec 31, 2018 | Flagstar Bancorp, Inc. Common Stock | 12,097 | 0 | D |
| Restricted Stock Units (TB32018)F2,F3 | — | Dec 31, 2018 | M | 17,046 | D | — | — | Flagstar Bancorp, Inc. Common Stock | 17,046 | 51,136 | 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.
- F3These Restricted Stock Units were granted on March 20, 2018, and will vest 25 percent each on the last business day of 2018, 2019, 2020 and 2021 calendar years.