InsiderTrades

Form 4/A for FLG FLAGSTAR BANK, NATIONAL ASSOCIATION

Accepted 2024-01-25 00:00:00 ET · period of report 2022-12-01 · accession 0000910073-24-000010 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X Filed Traded Ticker Insider Title Type Price Qty Owned ΔOwn Value
A 2024-01-25 2022-12-01 FLG DiNello Alessandro Dir, Non-Executive COB A - Grant $0.00 +744.6K 744.6K New $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock 2022-12-01 A A 744,574 $0.00 744,574 D — — (F1) Correction to the amount of shares acquired in merger transaction. Calculation errors were discovered in the exchange ratio calculation spreadsheet used at the time of the merger, with Flagstar Bancorp, Inc. on December 1, 2022, to prepare the initial Form 4 filing. (F2) Acquired pursuant to the Agreement and Plan of Merger, dated as of April 24, 2021, as amended (the "Merger Agreement"), by and between New York Community Bancorp, Inc. ("NYCB") and Flagstar Bancorp, Inc. ("Flagstar") pursuant to which Flagstar merged with and into NYCB on December 1, 2022 (the "Effective Time"). Pursuant to the Merger Agreement, at the Effective Time of the merger, each share of Flagstar common stock issued and outstanding prior to the Effective Time was converted into the right to receive 4.0151 shares of NYCB common stock and cash in lieu of fractional shares. On December 1, 2022, the closing price of Flagstar's common stock was $37.54 per share and the closing price of NYCB's common stock was $9.19 per share. (F3) Total includes Flagstar RSUs and Flagstar PSUs which were accelerated pursuant to the terms of the reporting person's change-in-control agreement in connection with the merger and exchanged for Merger Consideration pursuant to the terms of the Merger Agreement.