SEC Form 4 · accession 0001209191-15-084008
BankUnited, Inc. · BKU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rajinder P Singh
Officer — Chief Operating Officer · Director
Period of report
Dec 4, 2015
Accepted (ET)
Dec 8, 2015 · 5:01 pm EST
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 share | Dec 4, 2015 | M | 43,742 | $22.31 | A | 279,596 | D | |
| Common Stock, par value $0.01 per shareF1 | Dec 4, 2015 | S | 43,742 | $37.8955 | D | 235,854 | D | |
| Common Stock, par value $0.01 per share | Dec 4, 2015 | M | 56,258 | $22.31 | A | 292,112 | D | |
| Common Stock, par value $0.01 per shareF2 | Dec 7, 2015 | S | 56,258 | $37.627 | D | 235,854 | D |
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 | $22.31 | Dec 4, 2015 | M | 43,742 | A | — | Dec 16, 2021 | Common Stock, par value $0.01 per share | 43,742 | 43,742 | D |
| Common Stock Option (right to buy)F3 | $22.31 | Dec 7, 2015 | M | 56,258 | A | — | Dec 16, 2021 | Common Stock, par value $0.01 per share | 56,258 | 100,000 | D |
Explanation of responses
- F1The shares were sold in multiple transactions on December 4, 2015 at actual sale prices ranging from $37.85 to $37.9525 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F2The shares were sold in multiple transactions on December 7, 2015 at actual sale prices ranging from $37.56 to $37.66 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3Issued pursuant to the terms of the BankUnited, Inc. 2010 Omnibus Equity Incentive Plan. The options fully vested on December 16, 2014.