0001033012-20-000076.txt : 20200814 0001033012-20-000076.hdr.sgml : 20200814 20200814160841 ACCESSION NUMBER: 0001033012-20-000076 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200812 FILED AS OF DATE: 20200814 DATE AS OF CHANGE: 20200814 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: 201105095 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_159743563005085.xml FORM 4 X0306 4 2020-08-12 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 2020-08-12 4 M 0 128571 0 A 447915.04 D Flagstar Bancorp, Inc. Common Stock 2020-08-12 4 M 0 68182 0 A 516097.04 D Flagstar Bancorp, Inc. Common Stock 2020-08-12 4 F 0 84275 0 D 431822.04 D Restricted Stock Unit 2020-08-12 4 M 0 128571 0 D Flagstar Bancorp, Inc. Common Stock 128571.0 0 D Restricted Stock Units (TB32018) 2020-08-12 4 M 0 68182 0 D Flagstar Bancorp, Inc. Common Stock 68182.0 0 D These shares were surrendered to the issuer to cover the tax obligations on shares for which restrictions have lapsed (accelerated vestings). Each restricted stock unit represents a contingent right to receive one share of Flagstar Bancorp, Inc. 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. These Restricted Stock Units were granted on March 20, 2018, and will vest 25 percent each on the last business day of 2018, 2019, 2020 and 2021 calendar years. /s/ Jan M Klym, By Power of Attorney of Mr. DiNello 2020-08-14