SEC Form 4 · accession 0001209191-18-021429
BankUnited, Inc. · BKU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Adam Kanas
Director · Other
Period of report
Mar 15, 2018
Accepted (ET)
Mar 23, 2018 · 5:05 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 | 13,428 | $41.90 | A | 14,428 | D | |
| Common Stock, par value $0.01 per share | Mar 15, 2018 | D | 13,428 | $41.90 | D | 1,000 | D | |
| Common Stock, par value $0.01 per shareF1 | holding | — | — | — | 504,253 | I | As Co-Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitF2,F3 | — | Mar 15, 2018 | M | 13,428 | D | — | — | Common Stock, par value $0.01 per share | 13,428 | 13,428 | D |
Explanation of responses
- F1Shares held by the John A. Kanas 2011 Revocable Trust for which Mr. Kanas 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 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.
- F3Issued pursuant to the terms of the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. 13,429 units vested on December 31, 2016, 13,428 units vested on December 31, 2017, and 13,428 units will vest on December 31, 2018.