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Customers Bancorp, Inc. — Director's Dealing 2021
Dec 2, 2021
31595_dirs_2021-12-02_08a4454b-4f57-477e-8eec-ea4103e719a4.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: 2021-12-01
Reporting Person: SIDHU JAY S (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-01 | Common Stock | M | 50000.00 | $15.23 | Acquired | 1474912.00 | Direct |
| 2021-12-01 | Common Stock | S | 50000.00 | $57.9767 | Disposed | 1424912.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-01 | Employee Stock Option (right to buy) | $15.23 | M | 50000.00 | Disposed | 2023-05-21 | Common Stock (50000.00) | Direct |
Footnotes
F1: Includes 134,898 Restricted Stock Units.
F2: Includes 7,663 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.
F3: This transaction was executed in multiple trades at prices ranging from $56.62 to $59.36. 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 transition was affected.
F4: The reporting person's form 4s previously filed inadvertently identified the number of derivative securities beneficially owned following the reported transaction as zero (0), rather than 299,701 employee stock options owned following the reported transaction.