Sec Form 4 Filing - KANAS JOHN ADAM @ BankUnited, Inc. - 2014-02-07

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
KANAS JOHN ADAM
2. Issuer Name and Ticker or Trading Symbol
BankUnited, Inc. [ BKU]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chairman, President and CEO
(Last) (First) (Middle)
C/O BANKUNITED, INC., 14817 OAK LANE
3. Date of Earliest Transaction (MM/DD/YY)
02/07/2014
(Street)
MIAMI LAKES, FL33016
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share 02/07/2014 S( 1 ) 50,000 D $ 31.0338 ( 2 ) 354,350 I As Co-Trustee ( 3 )
Common Stock, par value $0.01 per share 02/10/2014 S( 1 ) 50,000 D $ 31.2273 ( 4 ) 304,350 I As Co-Trustee ( 3 )
Common Stock, par value $0.01 per share 02/11/2014 S( 1 ) 50,000 D $ 31.7036 ( 5 ) 254,350 I As Co-Trustee ( 3 )
Common Stock, par value $0.01 per share 1,989,172 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(I nstr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
KANAS JOHN ADAM
C/O BANKUNITED, INC.
14817 OAK LANE
MIAMI LAKES, FL33016
X Chairman, President and CEO
Signatures
/s/ Susan Greenfield, Attorney-in-Fact 02/11/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects the sale of 50,000 shares of common stock of BankUnited, Inc. by the John and Elaine Kanas Family Foundation under Rule 144 promulgated under the Securities Act of 1933.
( 2 )The shares were sold in multiple transactions on February 7, 2014 at actual sale prices ranging from $30.92 to $31.17 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
( 3 )Shares held by the John and Elaine Kanas Family Foundation for which Mr. Kanas serves as a co-trustee. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of these shares for Section 16 or any other purpose.
( 4 )The shares were sold in multiple transactions on February 10, 2014 at actual sale prices ranging from $31.02 to $31.47 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
( 5 )The shares were sold in multiple transactions on February 11, 2014 at actual sale prices ranging from $31.62 to $31.85 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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