Paul Frenkiel - 24 May 2021 Form 4 Insider Report for Bancorp, Inc. (TBBK)

Role
EVP Chief Financial Officer
Signature
/s/ Paul Frenkiel, as attorney-in-fact
Issuer symbol
TBBK
Transactions as of
24 May 2021
Net transactions value
-$710,737
Form type
4
Filing time
26 May 2021, 16:01:52 UTC
Previous filing
24 May 2021
Next filing
11 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBBK Common Stock Options Exercise $279,680 +38,000 +31% $7.36* 159,135 24 May 2021 Direct
transaction TBBK Common Stock Options Exercise $340,000 +40,000 +25% $8.50* 199,135 24 May 2021 Direct
transaction TBBK Common Stock Options Exercise $209,000 +20,000 +10% $10.45 219,135 24 May 2021 Direct
transaction TBBK Common Stock Tax liability $828,721 -34,344 -16% $24.13 184,791 24 May 2021 Direct
transaction TBBK Common Stock Tax liability $710,696 -29,600 -16% $24.01 155,191 25 May 2021 Direct F1, F2
holding TBBK Common Stock 5,222 24 May 2021 By 401(k) plan account

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TBBK Stock Option (right to buy) Options Exercise $0 -38,000 -100% $0.000000* 0 24 May 2021 Common Stock 38,000 $7.36 Direct F3
transaction TBBK Stock Option (right to buy) Options Exercise $0 -40,000 -100% $0.000000* 0 24 May 2021 Common Stock 40,000 $8.50 Direct F4
transaction TBBK Stock Option (right to buy) Options Exercise $0 -20,000 -100% $0.000000* 0 24 May 2021 Common Stock 20,000 $10.45 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold to pay taxes due.
F2 Shares were sold at prices ranging from $23.60 to $24.69 for a volume weighted average price of $24.01.
F3 Options became fully exercisable on August 11, 2015.
F4 Options became fully exercisable on January 25, 2016.
F5 Options became fully exercisable on January 23, 2017.