SEC Form 4 · accession 0001209191-18-021428

BankUnited, Inc. · BKU

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Operating Officer

Period of report

Mar 15, 2018

Accepted (ET)

Mar 23, 2018 · 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, 2018	M	4,887	$41.90	A	105,136	D
Common Stock, par value $0.01 per share	Mar 15, 2018	D	4,887	$41.90	D	100,249	D
Common Stock, par value $0.01 per share^F1	holding	—	—		—	400	I	As Co-Trustee

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Unit^F2,F3	—	Mar 15, 2018	M	4,887	D	—	—	Common Stock, par value $0.01 per share	4,887	9,774	D
Restricted Stock Unit^F2,F4	—	Mar 22, 2018	A	13,568	A	—	—	Common Stock, par value $0.01 per share	13,568	13,568	D

F1Shares held by the P.A. Castellanos-Cornish Revocable Trust for which Mr. Cornish 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 shares in this report shall not be deemed an admission of beneficial ownership of these shares for Section 16 or any other purpose.
F2Each restricted stock 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.
F3Issued pursuant to the terms of the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. 4,887 units vested on December 31, 2017, and 4,887 units will vest on each of December 31, 2018 and 2019.
F4Issued pursuant to the terms of the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. 4,523 units will vest on December 31, 2018, 4,522 units will vest on December 31, 2019, and 4,523 units will vest on December 31, 2020.