SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
Under the Securities Exchange Act of 1934
Flagstar Bancorp, Inc.
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(Name of Issuer)
Common Stock, par value $0.01 per share
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(Title of Class of Securities)
337930 10 1
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(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
(Continued on following pages)
Page 1 of 5 pages
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CUSIP No. 337930 10 1 13G
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1 NAME OF REPORTING PERSONS Thomas J. Hammond
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)|_|
(b)|_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES OF AMERICA
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NUMBER OF 5 SOLE VOTING POWER
SHARES 4,307,332
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 4,307,332
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PERSON WITH 8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,307,332
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
|X|
FOR FURTHER INFORMATION SEE ITEM 4(c) HEREIN.
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
31.5%
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12 TYPE OF REPORTING PERSON*
IN
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* SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 5 pages
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Item 1. Security & Issuer:
(a) This statement relates to the common stock, par value $0.01 per
share (the "Common Stock"), of Flagstar Bancorp, Inc. (the "Company").
(b) The Company's principal executive offices are located at 2600
Telegraph Road, Bloomfield Hills, Michigan 48302-0968.
Item 2. Identity & Background:
(a) This statement is filed by Thomas J. Hammond with respect to shares
of Common Stock beneficially owned by him.
(b) Address of Principal Office or, if none, residence is:
2600 Telegraph Road, Bloomfield Hills, Michigan 48302-0968
(c) Citizenship:
United States of America
(d) Title of Class of Securities:
Common Stock, par value $.01
(e) CUSIP Number:
337930 10 1
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b):
Not Applicable.
Item 4(a). Amount beneficially owned:
4,307,332
Item 4(b). Percent of class:
31.5%
Item 4(c). Number of shares as to which reporting person has:
(i) sole power to vote or direct to vote: 4,307,332
(ii) shared power to vote or direct to vote: 0
(iii) sole power to dispose or direct the disposition of: 4,307,332
Page 3 of 5 pages
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(iv) shared power to dispose or direct the disposition of: 0
The foregoing amounts do not include 962,913 shares (7.0%) of Common
Stock owned solely by Mr. Hammond's wife, Janet G. Hammond, and as to which Mr.
Hammond disclaims beneficial ownership pursuant to Rule 13d-4.
Item 5. Ownership of Five Percent or less of a class:
Not Applicable.
Item 6. Ownership of more than Five Percent on behalf of another person:
Not Applicable.
Item 7. Identification and classification of the subsidiary which acquired the
security being reported on by the parent holding company:
Not Applicable.
Item 8. Identification and classification of Members of the Group:
Not Applicable.
Item 9. Notice of Dissolution of Group:
Not Applicable.
Item 10. Certification:
Not Applicable.
Page 4 of 5 pages
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Signatures
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Dated: March 30, 1998
/s/ Thomas J. Hammond
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Thomas J. Hammond
Page 5 of 5 pages
