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