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Customers Bancorp, Inc. Director's Dealing 2023

Nov 1, 2023

31595_dirs_2023-11-01_36d0ba12-1063-4ead-bfb6-11727d647827.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: 2023-10-31

Reporting Person: SIDHU JAY S (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-10-31 Common Stock M 100000.00 $15.23 Acquired 1378124.00 Direct
2023-10-31 Common Stock S 100000.00 $39.4163 Disposed 1278124.00 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-10-31 Employee Stock Option (Right to buy) $15.23 M 100000.00 Disposed 2023-10-31 Common Stock (100000.00) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 179140.00 Indirect
Common Stock 167290.00 Indirect
Common Stock 167290.00 Indirect

Footnotes

F1: Includes 109,378 Restricted Stock Units.

F2: Includes 9,241 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.

F3: This transaction was executed in multiple trades at prices ranging from $38.64 to $40.25. 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: Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust.

F5: Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1

F6: Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2.