SEC Form 4 · accession 0001033012-19-000014
FLAGSTAR BANCORP INC · (NYSE:FBC)
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alessandro DiNello
Officer — CEO and President · Director
Period of report
Dec 31, 2018
Accepted (ET)
Jan 3, 2019 · 4:17 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 | 34,091 | $0.00 | A | 205,450 | D | |
| Flagstar Bancorp, Inc. Common Stock | Dec 31, 2018 | F | 14,864 | $0.00 | D | 190,586 | D | |
| Flagstar Bancorp, Inc. Common Stock | Dec 26, 2018 | G | 10,000 | $0.00 | D | 180,586 | D | |
| Flagstar Bancorp, Inc. Common Stock | Dec 24, 2018 | G | 14,600 | $0.00 | D | 165,986 | D | |
| Flagstar Bancorp, Inc. Common StockF3 | Dec 24, 2018 | G | 1,000 | $0.00 | A | 3,060 | I | By Trust fbo gchild AD |
| Flagstar Bancorp, Inc. Common StockF3 | Dec 24, 2018 | G | 1,000 | $0.00 | A | 3,060 | I | By Trust fbo gchild DD |
| Flagstar Bancorp, Inc. Common StockF3 | Dec 24, 2018 | G | 1,000 | $0.00 | A | 2,000 | I | By Trust fbo gchild LG |
| Flagstar Bancorp, Inc. Common StockF3 | Dec 24, 2018 | G | 1,000 | $0.00 | A | 1,000 | I | By Trust fbo gchild MG |
| Flagstar Bancorp, Inc. Common StockF2 | Dec 24, 2018 | G | 10,000 | $0.00 | A | 10,000 | I | By CRUTrust |
| Flagstar Bancorp, Inc. Common StockF4 | holding | — | — | — | 14,577 | 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 Units (TB32018)F5,F6 | — | Dec 31, 2018 | M | 34,091 | D | — | — | Flagstar Bancorp, Inc. Common Stock | 34,091 | 102,273 | D |
Explanation of responses
- F1These shares were surrendered to the issuer to cover the tax obligations on shares for which restrictions have lapsed.
- F2On December 24, 2018, the reporting person contributed 10,000 shares of FBC common stock to a charitable remainder unitrust of which the reporting person is a trustee and of which the reporting person and his wife are beneficiaries. The reporting person continues to report beneficial ownership of all of the FBC common stock held by the trust but disclaims beneficial ownership except to the extent of his and his wife's pecuniary interest therein.
- F3These shares are held in a trust for the benefit of the reporting person's grandchild. The reporting person's spouse is a co-trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F4Because 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.
- F5Each restricted stock unit represents a contingent right to receive one share of Flagstar Bancorp, Inc. Common Stock.
- F6These 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.