John M Tsimbinos Form 4 NEW YORK COMMUNITY BANCORP / JOHN M TSIMBINOS ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

TSIMBINOS JOHN M

(Last) (First) (Middle)

615 MERRICK AVENUE

(Street)

WESTBURY NY 11590

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NEW YORK COMMUNITY BANCORP INC [ NYCB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	01/29/2021		G	V	325,000	D	$0.0000	453,808(1)	D
Common Stock	04/30/2021		J(2)	V	111,693	D	$0.0000	344,315(1)	D
Common Stock	04/30/2021		J(3)		111,693	A	$0.0000(4)	111,693	I	By JMT 2012 Trust - JMT LLC
Common Stock	04/30/2021		J(2)	V	111,693	A	$0.0000	111,693	I	By JMT LLC
Common Stock	04/30/2021		J(3)		111,693	D	$0.0000(4)	0.0000	I	By JMT LLC
Common Stock								53,460	I	By IRA
Common Stock								286,000	I	BY JMT 2012 Trust
Common Stock								80,649	I	By Spouse
Common Stock								600	I	By Stock Award IV(5)
Common Stock								4,324	I	By Stock Award IX(6)
Common Stock								600	I	By Stock Award V(7)
Common Stock								1,200	I	By Stock Award VI(8)
Common Stock								1,800	I	By Stock Award VII(9)
Common Stock								1,200	I	By Stock Award VIII(10)
Common Stock								8,212	I	By Stock Award X(11)

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: 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

Explanation of Responses:

1. The number of shares held directly includes certain shares that were previously held by Stock Awards and that have subsequently vested.

2. Since the reporting person's last report 111,693 shares were transferred from the reporting person's direct ownership to indirect ownership by JMT LLC. This transaction is exempt from Section 16 pursuant to Rule 16a-13.

3. In connection with an estate planning transaction, the reporting person transferred 100% of his ownership interests in JMT LLC to JMT 2012 Trust in exchange for a promissory note. JMT LLC is a single-member LLC that holds a portfolio of securities that includes 111,693 shares of New York Community Bancorp, Inc. common stock. As a result of the trasnfer, JMT 2012 Trust now owns 100% of the interests of JMT LLC.

4. The per share value of New York Community Bancorp, Inc. common stock held by JMT LLC on the date of the exchange was $12.09. The per share value was calculated using the average of the high and low sale prices of the common stock reported on the New York Stock Exchange as of April 30, 2021.

5. The remaining 600 shares, granted under Stock Award IV on May 1, 2016 pursuant to the New York Community Bancorp, Inc. 2012 Stock Incentive Plan, will vest on May 1, 2021.

6. The remaining 3,604 shares granted under Stock Award IX on January 29, 2020 pursuant to the New York Community Bancorp, Inc. 2012 Stock Incentive Plan, will vest in four equal annual installments commencing on January 29, 2022.

7. The remaining 600 shares, granted under Stock Award V on April 1, 2017 pursuant to the New York Community Bancorp, Inc. 2012 Stock Incentive Plan, will vest on April 1, 2022.

8. The remaining 1,200 shares, granted under Stock Award VI on February 15, 2018 pursuant to the New York Community Bancorp, Inc. 2012 Stock Incentive Plan, will vest in two equal annual installments commencing on February 15, 2022.

9. The remaining 1,800 shares, granted under Stock Award VII on March 1, 2019 pursuant to the New York Community Bancorp, Inc. 2012 Stock Incentive Plan, will vest in three equal annual installments commencing on March 1, 2022.

10. The remaining 1,200 shares, granted under Stock Award VIII on May 1, 2019 pursuant to the New York Community Bancorp, Inc. 2012 Stock Incentive Plan, will vest in three equal annual installments commencing on March 1, 2022.

11. 8,212 shares granted under Stock Award X on January 26, 2021 pursuant to the New York Community Bancorp, Inc. 2020 Omnibus Incentive Plan, will vest on January 26, 2022.

	/s/ Salvatore J. DiMartino, Power of Attorney	09/07/2021
	** Signature of Reporting Person	Date
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