Rajinder P. Singh - Mar 12, 2025 Form 4 Insider Report for BankUnited, Inc. (BKU)

Role
President and CEO, Director, Chairman of the Board
Signature
/s/ Jacqueline Bravo, as Attorney-in-Fact
Stock symbol
BKU
Transactions as of
Mar 12, 2025
Transactions value $
-$2,561,733
Form type
4
Date filed
3/14/2025, 05:31 PM
Previous filing
Apr 1, 2024
SEC
View on sec.gov
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKU Common Stock, par value $0.01 per share Options Exercise $0 +78.9K +28.15% $0.00 359K Mar 12, 2025 Direct F1
transaction BKU Common Stock, par value $0.01 per share Disposed to Issuer -$2.56M -78.9K -21.97% $32.45 280K Mar 12, 2025 Direct

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 BKU Restricted Stock Unit Options Exercise $0 -58K -46.04% $0.00 68K Mar 12, 2025 Common Stock, par value $0.01 per share 58K Direct F1, F2
transaction BKU Performance Share Unit Options Exercise $0 -20.8K -100% $0.00 0 Mar 12, 2025 Common Stock, par value $0.01 per share 20.8K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted share 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 20,845 performance share units vested on December 31, 2024 and are fully vested.
F3 40,130 units that vested on December 31, 2024 and 31,952 units that will vest on December 31, 2025 were granted under the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. The units granted under the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan include 17,969 units that vested on December 31, 2024; 17,969 units that will vest on December 31, 2025; and 17,969 that will vest December 31, 2026.