0001033012-15-000079.txt : 20151026
0001033012-15-000079.hdr.sgml : 20151026
20151026180427
ACCESSION NUMBER: 0001033012-15-000079
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20151022
FILED AS OF DATE: 20151026
DATE AS OF CHANGE: 20151026
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FLAGSTAR BANCORP INC
CENTRAL INDEX KEY: 0001033012
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
IRS NUMBER: 383150651
STATE OF INCORPORATION: MI
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5151 CORPORATE DRIVE
CITY: TROY
STATE: MI
ZIP: 48098-2639
BUSINESS PHONE: 248-312-2000
MAIL ADDRESS:
STREET 1: 5151 CORPORATE DRIVE
CITY: TROY
STATE: MI
ZIP: 48098-2639
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DiNello Alessandro
CENTRAL INDEX KEY: 0001482776
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16577
FILM NUMBER: 151175856
MAIL ADDRESS:
STREET 1: 5300 DEER RIDGE ROAD
CITY: JACKSON
STATE: MI
ZIP: 49201
4
1
wf-form4_144589705618544.xml
FORM 4
X0306
4
2015-10-22
0
0001033012
FLAGSTAR BANCORP INC
(NYSE:FBC)
0001482776
DiNello Alessandro
C/O FLAGSTAR BANCORP, INC.
5151 CORPORATE DRIVE
TROY
MI
48098
0
1
0
0
President and CEO
Flagstar Bancorp, Inc. Common Stock
91717
D
Flagstar Bancorp, Inc. Common Stock
14834
I
By 401(k) Plan
Flagstar Bancorp, Inc. Common Stock
200
I
By Wife's Trust
Flagstar Bancorp, Inc. Common Stock
6
I
By Trust
Restricted Stock Unit
2015-10-22
4
A
0
642857
0
A
Common Stock
642857.0
642857
D
Because the stock fund component of the 401(k) Plan is accounted for in unit accounting, the number of share equivalents varies based on the closing price of Flagstar Bancorp, Inc. stock on the applicable measurement date.
Each restricted stock unit represents a contingent right to receive one share of Flagstar Bancorp common stock.
The Restricted Stock Units will fully vest if, for one-hundred twenty consecutive days, the volume-weighted average price per share of Flagstar Bancorp common stock is $28.00 or more (the "Performance Hurdle"). The Performance Hurdle must be achieved within ten years of the grant date. The vested RSUs will pay out in five installments, subject to a "Quality Review," on the date the Performance Hurdle is attained and on each of the four subsequent annual payout dates. Vesting and payout may be adjusted upon certain triggering events, as more fully described in the Form 8-K filed by Flagstar Bancorp on October 26, 2015.
Jan M Klym, by Power of Attorney for Mr. DiNello
2015-10-26