SEC Form 4 · accession 0001209191-17-021442
BankUnited, Inc. · BKU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rajinder P Singh
Officer — President and CEO · Director
Period of report
Mar 15, 2017
Accepted (ET)
Mar 17, 2017 · 5:04 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 share | Mar 15, 2017 | M | 5,863 | $38.90 | A | 236,529 | D | |
| Common Stock, par value $0.01 per share | Mar 15, 2017 | D | 5,863 | $38.90 | D | 230,666 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitF1,F2 | — | Mar 15, 2017 | M | 5,863 | D | — | — | Common Stock, par value $0.01 per share | 5,863 | 11,725 | D |
Explanation of responses
- F1Each restricted share unit represents the right to receive, at settlement, one share of common stock or cash in an amount equal to the fair market value of one share of common stock.
- F2Issued pursuant to the terms of the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. 5,863 units vested on December 31, 2016, 5,863 units will vest on December 31, 2017 and 5,862 units will vest on December 31, 2018.