SEC Form 4 · accession 0001209191-15-042862
BankUnited, Inc. · BKU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas J Pauls
Director
Period of report
May 13, 2015
Accepted (ET)
May 14, 2015 · 5:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001504008
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | May 13, 2015 | A | 1,000 | $0.00 | A | 32,880 | D | |
| Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 31,000 | I | As co-trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Option (right to buy)F3 | $27.00 | holding | — | — | — | — | Feb 2, 2021 | Common Stock, par value $0.01 per share | 181,399 | 181,399 | D |
| Common Stock Option (right to buy)F3 | $22.31 | holding | — | — | — | — | Dec 16, 2021 | Common Stock, par value $0.01 per share | 33,333 | 33,333 | D |
Explanation of responses
- F1Reflects 1,000 restricted shares issued pursuant to the terms of the BankUnited, Inc. 2010 Omnibus Equity Incentive Plan. The restricted shares have a grant date of May 13, 2015, and will vest in substantially equal installments on each of the first three anniversaries of the grant date.
- F2Shares held by the Pauls Family Foundation, for which Mr. Pauls serves as a co-trustee. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein and the inclusion of these share in this report shall not be deemed an admission of beneficial ownership of these shares for Section 16 or for any other purpose.
- F3Currently exercisable.