Customers Bancorp, Inc. — Director's Dealing 2017

Jun 30, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Customers Bancorp, Inc. (CUBI)
CIK: 0001488813
Period of Report: 2017-06-29

Reporting Person: SIDHU JAY S (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-29	Common Stock	M	200000	$8.86	Acquired	898609	Direct
2017-06-29	Common Stock	F	126164	$28.11	Disposed	772445	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-29	Employee Stock Option (right to buy)	$8.86	M	200000	Disposed	2020-04-06	Common Stock (200000)	Direct

Footnotes

F1: Under the terms of the Customers Bancorp, Inc. 2010 Stock Option Plan, these Stock Options will vest and become exercisable on the fifth anniversary of date of grant, subject to a 50% increase in the trading price of the company's voting common stock on the NYSE (or other national stock market or securities quotation system).

F2: Stock Options exercised.

F3: Includes 162,482 Restricted Stock Units.

F4: Includes 2,505 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.

F5: Represents a "net exercise" of outstanding Stock Options. The reporting person received 73,836 shares of common stock on net exercise of Stock Options to purchase 200,000 shares of common stock. 63,038 shares of common stock underlying the Stock Options were withheld in satisfaction of the exercise price and 63,126 shares of common stock underlying the Stock Options were withheld in satisfaction of tax liability, using the closing price at June 28, 2017 of $28.11.