Mark Leo Connolly - 09 Feb 2022 Form 4 Insider Report for Bancorp, Inc. (TBBK)

Role
EVP Head of Credit Markets
Signature
/s/ Paul Frenkiel, attorney-in-fact
Issuer symbol
TBBK
Transactions as of
09 Feb 2022
Net transactions value
-$230,937
Form type
4
Filing time
11 Feb 2022, 15:10:06 UTC
Next filing
23 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBBK Common Stock Award +13,192 +7.4% 190,967 09 Feb 2022 Direct F1
transaction TBBK Common Stock Tax liability $230,937 -7,734 -4% $29.86 183,233 10 Feb 2022 Direct F2, F3
holding TBBK Common Stock 3,683 09 Feb 2022 By 401k plan account
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted restricted stock units, each of which represents the right to receive one share of common stock of The Bancorp, Inc. upon vesting. The restricted stock units shall vest annually in three equal installments
F2 Shares were sold to pay the taxes due upon the vesting of restricted stock units.
F3 The Reporting Person sold a total of 7,734 shares at prices ranging from $29.10 to $30.42 for an average price of $29.86.