Damian Kozlowski - Feb 9, 2013 Form 4 Insider Report for Bancorp, Inc. (TBBK)

Role
Chief Executive Officer
Signature
/s/ Paul Frenkiel, as attorney-in-fact
Stock symbol
TBBK
Transactions as of
Feb 9, 2013
Transactions value $
-$351,619
Form type
4
Date filed
2/13/2023, 03:01 PM
Next filing
May 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBBK Common Stock Award +28.4K +5.24% 571K Feb 9, 2023 Direct F1
transaction TBBK Common Stock Tax liability -$352K -10.1K -1.77% $34.84 561K Feb 10, 2023 Direct F2, F3
holding TBBK Common Stock 15.8K Feb 9, 2013 By 401k plan account
holding TBBK Common Stock 2.23K Feb 9, 2013 By son
holding TBBK Common Stock 2.23K Feb 9, 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 +57.6K $0.00 57.6K Feb 9, 2023 Common Stock 57.6K $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.