SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Minier Michelle (Last) (First) (Middle) 888 E WALNUT STREET (Street) PASADENA CA 91101 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 01/01/2007	3. Issuer Name and Ticker or Trading Symbol INDYMAC BANCORP INC [ NDE ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title below) X Other (specify below) EVP, IndyMac Bank, F.S.B.	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	4,629(1)	D
Common Stock	4,684(2)	D
Common Stock	1,434.48	I	By 401(k)
Common Stock	12,765.54(3)	I	By Spouse

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	(4)	03/15/2014	Common Stock	17,117	$35.38	D
Stock Option (Right to Buy)	(5)	03/15/2015	Common Stock	25,035	$35.405	D
Stock Option (Right to Buy)	(6)	03/15/2016	Common Stock	23,727	$39.075	D
Stock Option (Right to Buy)	(4)	03/15/2014	Common Stock	13,173	$35.38	I	By Spouse
Stock Option (Right to Buy)	(5)	03/15/2015	Common Stock	29,957	$35.405	I	By Spouse
Stock Option (Right to Buy)	(6)	03/15/2016	Common Stock	37,950	$39.075	I	By Spouse

Explanation of Responses:

1. Restricted stock vests in full on March 15, 2008.

2. Restricted stock vests in full on March 15, 2009.

3. Indirect holdings by spouse include a restricted stock award of 4,981 shares that vests in full on March 15, 2008, a restricted stock award of 6,353 shares that vests in full on March 15, 2009, and 670.54 401(k) shares.

4. The option became exercisable for one-third of the shares on March 15, 2005 and March 15, 2006 and becomes exercisable for one-third of the shares on March 15, 2007.

5. The option became exercisable for one-third of the shares on March 15, 2006 and becomes exercisable for one-third of the shares on March 15, 2007 and March 15, 2008.

6. The option becomes exercisable for one-third of the shares on March 15, 2007, March 15, 2008, and March 15, 2009.

Remarks:

	By: /s/ Michelle Minier	01/09/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.