Jay S. Sidhu - Jul 6, 2021 Form 4 Insider Report for Customers Bancorp, Inc. (CUBI)

Role
Chairman & CEO, Director
Signature
/s/ Jay S. Sidhu by Michael DeTommaso under Power of Attorney
Stock symbol
CUBI
Transactions as of
Jul 6, 2021
Transactions value $
$598,283
Form type
4
Date filed
7/8/2021, 05:14 PM
Next filing
Oct 25, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBI Common Stock Tax liability -$67.9K -1.73K -0.12% $39.34 1.41M Jul 6, 2021 Direct F1, F2, F3
transaction CUBI Common Stock Award $1.1M +27.9K +1.98% $39.34 1.44M Jul 6, 2021 Direct F2, F3, F4
transaction CUBI Common Stock Tax liability -$432K -11K -0.76% $39.34 1.43M Jul 6, 2021 Direct F2, F3, F5
* 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 Includes 141,763 Restricted Stock Units.
F3 Includes 7,442 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.
F4 Grant of Performance Stock Units in connection with 2004 Plan A long term incentive awards.
F5 Shares withheld for taxes upon vesting of previously issued performance stock units awards.