SEC Form 4 · accession 0001209191-16-098815
BankUnited, Inc. · BKU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Starr
Officer — Officer of Subsidiary
Period of report
Feb 12, 2016
Accepted (ET)
Feb 16, 2016 · 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 shareF1 | Feb 12, 2016 | A | 12,000 | $0.00 | A | 50,983 | D | |
| Common Stock, par value $0.01 per shareF2,F3 | Feb 16, 2016 | F | 3,992 | $31.1614 | D | 46,991 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Issued pursuant to the terms of the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. One-third will vest on each of February 12, 2017, 2018 and 2019.
- F2Reflects 3,992 shares of common stock of BankUnited, Inc. sold by the reporting person to satisfy the tax obligation arising from the vesting of restricted shares on February 12, 2016.
- F3The shares were sold in multiple transactions on February 16, 2016 at actual sale prices ranging from $30.97 to $31.58 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.
Remarks
The Reporting Person is the General Counsel of BankUnited, N.A., a wholly owned subsidiary of BankUnited, Inc.