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Customers Bancorp, Inc. — Director's Dealing 2021
Feb 26, 2021
31595_dirs_2021-02-25_950b59c6-bbb5-43dc-9c03-b76eb10debfd.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: 2021-02-23
Reporting Person: SIDHU JAY S (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-23 | Common Stock | A | 32046 | $27.56 | Acquired | 1412883 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (right to buy) | $28.37 | 2031-02-24 | Common Stock (100000.0) | 1641201 | Direct |
Footnotes
F1: Grant of Restricted Stock Units award, with shares vesting in accordance with the terms of the 2020 Bonus Incentive.
F2: Includes 164,935 Restricted Stock Units.
F3: Includes 6,749 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.
F4: Under the terms of the Customer Bancorp, Inc. 2010 Stock Option Plan, these Stock Options have a five year cliff vesting schedule with a ten year expiration date. The vesting is time based.
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