Matthew J. Wallace - Feb 9, 2022 Form 4 Insider Report for Bancorp, Inc. (TBBK)

Role
EVP Chief Information Officer
Signature
/s/ Paul Frenkiel, attorney-in-fact
Stock symbol
TBBK
Transactions as of
Feb 9, 2022
Transactions value $
-$82,409
Form type
4
Date filed
2/11/2022, 03:16 PM
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBBK Common Stock Award +9.23K +17.55% 61.9K Feb 9, 2022 Direct F1
transaction TBBK Common Stock Tax liability -$29.3K -959 -1.55% $30.54 60.9K Feb 9, 2022 Direct F2, F3
transaction TBBK Common Stock Tax liability -$53.1K -1.78K -2.92% $29.86 59.1K Feb 10, 2022 Direct F2, F4
* 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 959 shares at prices ranging from $30.21 to $30.79 for an average price of $30.54.
F4 The Reporting Person sold a total of 1,779 shares at prices ranging from $29.10 to $30.42 for an average price of $29.86.