Richard A. Ehst - 01 Jul 2021 Form 4 Insider Report for Customers Bancorp, Inc. (CUBI)

Role
Director - Customers Bank
Signature
/s/ Richard Ehst by Michael DeTommaso Under Power of Attorney
Issuer symbol
CUBI
Transactions as of
01 Jul 2021
Net transactions value
+$122,298
Form type
4
Filing time
06 Jul 2021, 15:55:40 UTC
Previous filing
18 May 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 $642,878 -16,222 -23% $39.63 54,924 01 Jul 2021 Direct F1
transaction CUBI Common Stock Award $1,419,269 +35,813 +65% $39.63 90,737 01 Jul 2021 Direct F2
transaction CUBI Common Stock Tax liability $654,093 -16,505 -18% $39.63 74,232 01 Jul 2021 Direct 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 units awards.
F2 Grant of accelerated Performance Stock Units in connection with 2004 Plan A and 2019 Plan long term incentive awards.
F3 Shares withheld for taxes upon vesting of previously issued performance stock unit awards.