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