Filing Details
- Accession Number:
- 0001209191-10-052692
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-11-02 18:16:56
- Reporting Period:
- 2010-10-29
- Filing Date:
- 2010-11-02
- Accepted Time:
- 2010-11-02 18:16:56
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1033012 | Flagstar Bancorp Inc | (NYSE:FBC) | Savings Institution, Federally Chartered (6035) | 383150651 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1416797 | A Matthew Kerin | C/O Flagstar Bancorp, Inc. 5151 Corporate Drive Troy MI 48098 | Executive Vice-President | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Flagstar Bancorp, Inc. Common Stock | Acquisiton | 2010-10-29 | 9,085 | $0.00 | 107,377 | No | 4 | A | Direct | |
| Flagstar Bancorp, Inc. Common Stock | Disposition | 2010-10-29 | 4,146 | $1.27 | 103,231 | No | 4 | F | Direct | |
| Flagstar Bancorp, Inc. Common Stock | Acquisiton | 2010-11-02 | 87,000 | $1.00 | 190,231 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Series D Mandatorily Convertible Preferred Stock | Acquisiton | 2010-11-02 | 10,650 | $20.00 | 213,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 10,650 | No | 4 | P | Direct |
Footnotes
- Securities are base salary paid to Mr. Kerin in the form of shares of the Flagstar Bancorp, Inc. Common Stock as further described in the Company's Current Report on Form 8-K filed on December 8, 2009.
- These shares were purchased directly from the underwriters in the Company's public offering, which closed on November 2, 2010.
- Each share of Mandatorily Convertible Non-Cumulative Perpetual Preferred Stock, Series D is convertible into 20 shares of Common Stock, subject to anti-dilution adjustments.
- The Mandatorily Convertible Non-Cumulative Perpetual Preferred Stock, Series D is not convertible until the receipt of approval of an amendment to the Amended and Restated Articles of Incorporation of Flagstar Bancorp, Inc. (the "Issuer") to increase the number of authorized shares of Common Stock (the "Stockholder Approval"), and upon receipt of the Stockholder Approval, the shares of Mandatorily Convertible Non-Cumulative Perpetual Preferred Stock, Series D will automatically convert into shares of Common Stock of the Issuer.
- The Mandatorily Convertible Non-Cumulative Perpetual Preferred Stock, Series D has no expiration date.
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