SEC Form 4 · accession 0001209191-18-021432
BankUnited, Inc. · BKU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leslie Lunak
Officer — Chief Financial Officer
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 | 2,771 | $41.90 | A | 61,223 | D | |
| Common Stock, par value $0.01 per share | Mar 15, 2018 | D | 2,771 | $41.90 | D | 58,452 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Mar 15, 2018 | M | 2,771 | D | — | — | Common Stock, par value $0.01 per share | 2,771 | 5,541 | D |
| Restricted Stock UnitF1,F3 | — | Mar 22, 2018 | A | 7,692 | A | — | — | Common Stock, par value $0.01 per share | 7,692 | 7,692 | D |
Explanation of responses
- F1Each 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.
- F2Issued pursuant to the terms of the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. 2,771 units vested on December 31, 2017, and 2,770 units will vest on December 31, 2018, and 2,771 units will vest on December 31, 2019.
- F3Issued pursuant to the terms of the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. 2,564 units will vest on each of December 31, 2018, 2019 and 2020.