SEC Form 4 · accession 0001209191-17-006413
BankUnited, Inc. · BKU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Adam Kanas
Director · Other
Period of report
Jan 30, 2017
Accepted (ET)
Jan 31, 2017 · 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 | Jan 30, 2017 | M | 2,226,258 | $27.00 | A | 3,495,138 | D | |
| Common Stock, par value $0.01 per share | Jan 30, 2017 | S | 2,226,258 | $37.62 | D | 1,268,880 | 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)F1 | $27.00 | Jan 30, 2017 | M | 2,226,258 | D | — | Feb 2, 2021 | Common Stock, par value $0.01 per share | 2,226,258 | 0 | D |
Explanation of responses
- F1Issued pursuant to the terms of the BankUnited, Inc. 2010 Omnibus Equity Incentive Plan. Two-thirds vested upon grant on February 2, 2011, and the remaining one-third vested in equal installments on May 21, 2011 and May 21, 2012.