Glenn Hedde - 04 Jun 2021 Form 4 Insider Report for Customers Bancorp, Inc. (CUBI)

Role
Pres Mortgage WarehouseLending
Signature
/s/ Glenn Hedde by Michael DeTommaso Under Power of Attorney
Issuer symbol
CUBI
Transactions as of
04 Jun 2021
Net transactions value
-$131,342
Form type
4
Filing time
07 Jun 2021, 12:06:17 UTC
Next filing
07 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBI Common Stock Tax liability $20,520 -500 -0.67% $41.04 73,705 04 Jun 2021 Direct F1, F2
transaction CUBI Common Stock Sale $110,822 -2,661 -3.6% $41.65 71,044 07 Jun 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for taxes upon vesting of previously issued restricted stock award.
F2 Includes 14,865 Restricted Stock Units.
F3 This transaction was executed in multiple trades at prices ranging from $41.6010 to $41.6700. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was affected.