0001033012-22-000038.txt : 20220421
0001033012-22-000038.hdr.sgml : 20220421
20220421172023
ACCESSION NUMBER: 0001033012-22-000038
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220419
FILED AS OF DATE: 20220421
DATE AS OF CHANGE: 20220421
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: 22842383
MAIL ADDRESS:
STREET 1: 5300 DEER RIDGE ROAD
CITY: JACKSON
STATE: MI
ZIP: 49201
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
4
1
wf-form4_165057599808966.xml
FORM 4
X0306
4
2022-04-19
0
0001033012
FLAGSTAR BANCORP INC
(NYSE:FBC)
0001482776
DiNello Alessandro
C/O FLAGSTAR BANCORP, INC.
5151 CORPORATE DRIVE
TROY
MI
48098
1
1
0
0
CEO and President
Flagstar Bancorp, Inc. Common Stock
2022-04-19
4
M
0
3551
0
A
147672
D
Flagstar Bancorp, Inc. Common Stock
2022-04-19
4
M
0
3552
0
A
151224
D
Flagstar Bancorp, Inc. Common Stock
2022-04-19
4
F
0
1830
0
D
149394
D
Flagstar Bancorp, Inc. Common Stock
218000
I
By SLAT
Flagstar Bancorp, Inc. Common Stock
206400
I
by Wife's SLAT
Flagstar Bancorp, Inc. Common Stock
29100
I
By CRUTrust
Flagstar Bancorp, Inc. Common Stock
6690
I
By Trust fbo gchild AD
Flagstar Bancorp, Inc. Common Stock
6690
I
By Trust fbo gchild DD
Flagstar Bancorp, Inc. Common Stock
5630
I
By Trust fbo gchild LeoG
Flagstar Bancorp, Inc. Common Stock
3630
I
By Trust fbo gchild MG
Flagstar Bancorp, Inc. Common Stock
1274
I
By IRA
Flagstar Bancorp, Inc. Common Stock
630
I
By Trust fbo LukeG
Flagstar Bancorp, Inc. Common Stock
206
I
By Wife's Trust
Restricted Stock Units (XLPII32018)
2022-04-19
4
M
0
3551
0
D
2028-03-20
Flagstar Bancorp, Inc. Common Stock
3551.0
3551
D
Restricted Stock Units (XLPII32018)
2022-04-19
4
M
0
3552
0
D
2028-03-20
Flagstar Bancorp, Inc. Common Stock
3552.0
3551
D
These shares were surrendered to the issuer to cover the tax obligations on shares for which restrictions have lapsed.
Spousal Lifetime Access Trust (SLAT) wherein reporting person's spouse is initial trustee and beneficiary.
Spousal Lifetime Access Trust (SLAT) wherein reporting person is initial trustee and beneficiary.
These shares are held in a charitable remainder unitrust of which the reporting person is a trustee and of which the reporting person and his wife are beneficiaries. The reporting person continues to report beneficial ownership of all of the FBC common stock held by the trust but disclaims beneficial ownership except to the extent of his and his wife's pecuniary interest therein.
These shares are held in a trust for the benefit of the reporting person's grandchild. The reporting person's spouse is a co-trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Each restricted stock unit represents a contingent right to receive one share of Flagstar Bancorp, Inc. Common Stock.
50 percent of these Restricted Stock Units will vest if, for ninety consecutive days, the volume-weighted average price per share of Flagstar Bancorp common stock is $40.00 or more (the "Performance Hurdle"). The Performance Hurdle must be achieved within ten years of the grant date. The vested RSUs will pay out on the fourth anniversary of the grant date. The remaining 50 percent is subject to annual quality review results. If quality review results are attained the shares will vest on the fourth anniversary of the grant date. Vesting, payout and other adjustable triggering events are more fully described in the Form 8-K to be filed by Issuer on March 23, 2018.
50 percent of these Restricted Stock Units will vest if, for ninety consecutive days, the volume-weighted average price per share of Flagstar Bancorp common stock is $44.00 or more (the "Performance Hurdle"). The Performance Hurdle must be achieved within ten years of the grant date. The vested RSUs will pay out on the fourth anniversary of the grant date. The remaining 50 percent is subject to annual quality review results. If quality review results are attained the shares will vest on the fourth anniversary of the grant date. Vesting, payout and other adjustable triggering events are more fully described in the Form 8-K to be filed by Issuer on March 23, 2018.
/s/ Jan M Klym, By Power of Attorney of Mr. DiNello
2022-04-21