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Customers Bancorp, Inc. — Director's Dealing 2021
Nov 24, 2021
31595_dirs_2021-11-24_3f4dbe28-5749-48bb-a225-cd01a3f8b4d4.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: 2021-11-23
Reporting Person: SIDHU JAY S (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-23 | Common Stock | M | 25000 | $15.23 | Acquired | 1449912 | Direct |
| 2021-11-23 | Common Stock | S | 25000 | $57.9996 | Disposed | 1424912 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-23 | Employee Stock Option (right to buy) | $15.23 | M | 25000 | Disposed | 2023-05-21 | Common Stock (25000.0) | 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 $57.57 to $58.48. 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.