Thomas G. Pareigat - Jun 2, 2021 Form 4 Insider Report for Bancorp, Inc. (TBBK)

Role
EVP General Counsel
Signature
/s/Paul Frenkiel, attorney-in-fact
Stock symbol
TBBK
Transactions as of
Jun 2, 2021
Transactions value $
-$246,537
Form type
4
Date filed
6/3/2021, 04:13 PM
Previous filing
May 24, 2021
Next filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBBK Common Stock Options Exercise $213K +25K +37.22% $8.50 92.2K Jun 2, 2021 Direct
transaction TBBK Common Stock Options Exercise $105K +10K +10.85% $10.45 102K Jun 2, 2021 Direct
transaction TBBK Common Stock Tax liability -$317K -12.9K -12.66% $24.50 89.2K Jun 2, 2021 Direct
transaction TBBK Common Stock Tax liability -$247K -10K -11.25% $24.55 79.2K Jun 2, 2021 Direct F1, F2
holding TBBK Common Stock 4.32K Jun 2, 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 -25K -100% $0.00* 0 Jun 2, 2021 Common Stock 25K $8.50 Direct F3
transaction TBBK Stock Option (Right to Buy) Options Exercise $0 -10K -100% $0.00* 0 Jun 2, 2021 Common Stock 10K $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.