JAY S. SIDHU - 06 Jul 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
Issuer symbol
CUBI
Transactions as of
06 Jul 2021
Net transactions value
+$598,283
Form type
4
Filing time
08 Jul 2021, 17:14:02 UTC
Next filing
25 Oct 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 $67,940 -1,727 -0.12% $39.34 1,410,458 06 Jul 2021 Direct F1, F2, F3
transaction CUBI Common Stock Award $1,098,530 +27,924 +2% $39.34 1,438,382 06 Jul 2021 Direct F2, F3, F4
transaction CUBI Common Stock Tax liability $432,307 -10,989 -0.76% $39.34 1,427,393 06 Jul 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.