Paul D. Borja - Jun 2, 2021 Form 4 Insider Report for FLAGSTAR BANCORP INC ((NYSE:FBC))

Role: Exec VP and Interim GC
Signature: /s/ Jan M Klym by Power of Attorney for Mr. Borja
Stock symbol: (NYSE:FBC)
Transactions as of: Jun 2, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/4/2021, 04:11 PM
Previous filing: May 27, 2021
Next filing: Jun 22, 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	(NYSE:FBC)	Flagstar Bancorp, Inc. Common Stock	Options Exercise	$0	+339	+1.33%	$0.00	25.9K	Jun 2, 2021	Direct
transaction	(NYSE:FBC)	Flagstar Bancorp, Inc. Common Stock	Tax liability	$0	-97	-0.37%	$0.00	25.8K	Jun 2, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	(NYSE:FBC)	Restricted Stock Unit (L060220)	Options Exercise	$0	-339	-25.02%	$0.00	1.02K	Jun 2, 2021	Flagstar Bancorp, Inc. Common Stock	339	$0.00	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were surrendered to the issuer to cover the tax obligations on shares for which restrictions have lapsed.
F2	Each restricted stock unit represents a contingent right to receive one share of Flagstar Bancorp, Inc. Common Stock.
F3	These restricted stock units were granted on June 2, 2020, and will vest 25% on both the first and second anniversary of the grant date, and the remaining 50% on the third anniversary of the grant date.