Form 4 for BKU BankUnited, Inc.
Accepted 2024-03-15 00:00:00 ET · period of report 2024-03-14 · accession 0001096906-24-000465 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-15 | 2024-03-14 | BKU | Singh Rajinder P | Pres, CEO, Dir, COB | D - Sale to Iss | $27.22 | -88.8K | 280.4K | -24% | -$2.42M |
| D | 2024-03-15 | 2024-03-14 | BKU | Singh Rajinder P | Pres, CEO, Dir, COB | M - OptEx | — | +88.8K | 369.2K | +32% | — |
| DM | 2024-03-15 | 2024-03-14 | BKU | Singh Rajinder P | Pres, CEO, Dir, COB | M - OptEx | $0.00 | -88.8K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.01 per share | 2024-03-14 | D | D | 88,818 | $27.22 | 280,407 | D | — | — | |
| 2 | Common | Common Stock, par value $0.01 per share | 2024-03-14 | M | A | 88,818 | — | 369,225 | D | — | — | (F1) Each restricted stock unit and performance share unit represents the right to receive, at settlement, one share of common stock or cash in an amount equal to the fair market value of one share of common stock. |
| 3 | Derivative | Restricted Stock Unit | 2024-03-14 | M | D | 53,806 | $0.00 | 72,082 | D | — · — to — | 53,806 Common Stock, par value $0.01 per share | (F1) Each restricted stock unit and performance share unit represents the right to receive, at settlement, one share of common stock or cash in an amount equal to the fair market value of one share of common stock. (F2) Issued pursuant to the terms of the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. 53,806 units vested on December 31, 2023, 40,130 units will vest on December 31, 2024, and 31,952 units will vest on December 31, 2025. |
| 4 | Derivative | Performance Share Unit | 2024-03-14 | M | D | 35,012 | $0.00 | 0 | D | — · — to — | 35,012 Common Stock, par value $0.01 per share | (F1) Each restricted stock unit and performance share unit represents the right to receive, at settlement, one share of common stock or cash in an amount equal to the fair market value of one share of common stock. (F3) 35,012 performance share units vested on December 31, 2023 and are fully vested. |