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Customers Bancorp, Inc. — Director's Dealing 2020
Nov 9, 2020
31595_dirs_2020-11-09_c21f5fd1-f1c8-4a25-9d24-b6b887872422.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Customers Bancorp, Inc. (CUBI)
CIK: 0001488813
Period of Report: 2020-11-06
Reporting Person: Hedde Glenn (EVP Mortgage Warehouse Lending)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-06 | Common Stock | M | 9167 | $10.91 | Acquired | 131445 | Direct |
| 2020-11-06 | Common Stock | S | 9167 | $14.4213 | Disposed | 122278 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-06 | Stock Options | $10.91 | M | 9167 | Disposed | 2021-02-17 | Common Stock (9167.0) | Direct |
Footnotes
F1: (1) Includes 38,315 Restricted Stock Units.
F2: (2) This transaction was executed in multiple trades at prices ranging from $14.26 to $14.68. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
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