Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TBBK | Common Stock | Award | +5.1K | +110.96% | 9.7K | May 26, 2023 | See Foonote | F1, F2, F3 | ||
holding | TBBK | Common Stock | 28.3K | May 26, 2023 | Direct | F4 |
Id | Content |
---|---|
F1 | These restricted stock units, each of which represents the right to receive one share of common stock of The Bancorp, Inc. ("Common Stock"), were issued to Castle Creek Advisors IV LLC ("Advisors IV"), on behalf of John M. Eggemeyer in his capacity as a member of the Board of Directors of The Bancorp, Inc., on May 26, 2023 and will become fully vested on May 26, 2024. |
F2 | This amount has been reduced to reflect the pro-rata, in-kind distributions of shares of Common Stock effected by Advisors IV to its members, for no additional consideration. |
F3 | These securities, which include 4,598 shares of vested Common Stock previously issued to Advisors IV on behalf of John M. Eggemeyer in his capacity as a member of the Board of Directors of The Bancorp, Inc., are held directly by Advisors IV. The reporting person disclaims beneficial ownership of all of the securities held by Advisors IV, except to the extent of his respective pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
F4 | These shares were received by the reporting person from Advisors IV in the pro-rata, in-kind distributions of shares of Common Stock effected by Advisors IV to its members, for no additional consideration, in transactions exempt from Section 16 pursuant to Rule 16a-9. |
The reporting person is a managing principal of Castle Creek Capital VI LLC, the sole general partner of Castle Creek Capital Partners VI, LP ("Fund VI"). The reporting person disclaims beneficial ownership of the shares of the Issuer's common stock owned by Fund VI (the "Fund VI Shares"), and this report shall not be deemed an admission that the reporting person is the beneficial owner of the Fund VI Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.