Damian Kozlowski - 09 Feb 2013 Form 4 Insider Report for Bancorp, Inc. (TBBK)

Role: Chief Executive Officer
Signature: /s/ Paul Frenkiel, as attorney-in-fact
Issuer symbol: TBBK
Transactions as of: 09 Feb 2013
Net transactions value: -$351,619
Form type: 4
Filing time: 13 Feb 2023, 15:01:50 UTC
Next filing: 24 May 2021
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		+28,433	+5.2%		571,477	09 Feb 2023	Direct	F1
transaction	TBBK	Common Stock	Tax liability	$351,619	-10,091	-1.8%	$34.84	561,386	10 Feb 2023	Direct	F2, F3
holding	TBBK	Common Stock						15,811	09 Feb 2013	By 401k plan account
holding	TBBK	Common Stock						2,230	09 Feb 2013	By son
holding	TBBK	Common Stock						2,230	09 Feb 2013	By son

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)	Award	$0	+57,573		$0.000000	57,573	09 Feb 2023	Common Stock	57,573	$35.17	Direct	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	Shares were sold at prices ranging from $34.67 to $35.085 for an average price of $34.8448.
F4	The Reporting Person was granted Stock Options, each of which represents the right to buy one share of common stock of the Bancorp, Inc. upon vesting. The stock options shall vest in four equal installments over a period of four years.