SEC Form 4 · accession 0001209191-18-031445
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
May 16, 2018
Accepted (ET)
May 18, 2018 · 5:00 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 | May 16, 2018 | M | 99,361 | $27.00 | A | 327,672 | D | |
| Common Stock, par value $0.01 per shareF1 | May 16, 2018 | S | 81,500 | $41.836 | D | 246,172 | D | |
| Common Stock, par value $0.01 per share | May 17, 2018 | M | 50,000 | $27.00 | A | 296,172 | D | |
| Common Stock, par value $0.01 per shareF2 | May 17, 2018 | S | 40,951 | $41.9911 | D | 255,221 | 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)F3 | $27.00 | May 16, 2018 | M | 99,361 | D | — | Feb 2, 2021 | Common Stock, par value $0.01 per share | 99,361 | 890,087 | D |
| Common Stock Option (right to buy)F3 | $27.00 | May 17, 2018 | M | 50,000 | D | — | Feb 2, 2021 | Common Stock, par value $0.01 per share | 50,000 | 840,087 | D |
Explanation of responses
- F1The shares were sold in multiple transactions on May 16, 2018 at actual sale prices ranging from $41.75 to $41.97 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F2The shares were sold in multiple transactions on May 17, 2018 at actual sale prices ranging from $41.925 to $42.07 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3Issued pursuant to the terms of the BankUnited, Inc. 2010 Omnibus Equity Incentive Plan. The options are fully vested.