Richard Ehst - Jul 1, 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
Stock symbol
CUBI
Transactions as of
Jul 1, 2021
Transactions value $
$122,298
Form type
4
Date filed
7/6/2021, 03:55 PM
Previous filing
May 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBI Common Stock Tax liability -$643K -16.2K -22.8% $39.63 54.9K Jul 1, 2021 Direct F1
transaction CUBI Common Stock Award $1.42M +35.8K +65.2% $39.63 90.7K Jul 1, 2021 Direct F2
transaction CUBI Common Stock Tax liability -$654K -16.5K -18.19% $39.63 74.2K Jul 1, 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.