Thomas G. Pareigat - 02 Jun 2021 Form 4 Insider Report for Bancorp, Inc. (TBBK)

Role
EVP General Counsel
Signature
/s/Paul Frenkiel, attorney-in-fact
Issuer symbol
TBBK
Transactions as of
02 Jun 2021
Net transactions value
-$246,537
Form type
4
Filing time
03 Jun 2021, 16:13:25 UTC
Previous filing
24 May 2021
Next filing
11 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBBK Common Stock Options Exercise $212,500 +25,000 +37% $8.50 92,174 02 Jun 2021 Direct
transaction TBBK Common Stock Options Exercise $104,500 +10,000 +11% $10.45 102,174 02 Jun 2021 Direct
transaction TBBK Common Stock Tax liability $317,030 -12,940 -13% $24.50 89,234 02 Jun 2021 Direct
transaction TBBK Common Stock Tax liability $246,507 -10,041 -11% $24.55 79,193 02 Jun 2021 Direct F1, F2
holding TBBK Common Stock 4,319 02 Jun 2021 By 401k plan account

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) Options Exercise $0 -25,000 -100% $0.000000* 0 02 Jun 2021 Common Stock 25,000 $8.50 Direct F3
transaction TBBK Stock Option (Right to Buy) Options Exercise $0 -10,000 -100% $0.000000* 0 02 Jun 2021 Common Stock 10,000 $10.45 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold to pay the taxes due upon the vesting of restricted stock units.
F2 The Reporting Person sold a total of 10,041 shares at prices ranging from $24.43 to $24.58 for an average price of $24.55.
F3 Options became fully exercisable on January 25, 2016.
F4 Options became fully exercisable on January 23, 2017.