Jay S. Sidhu - 04 Nov 2021 Form 4/A - Amendment Insider Report for Customers Bancorp, Inc. (CUBI)

Signature
/s/ Jay S. Sidhu by Andrew Sachs under Power of Attorney
Issuer symbol
CUBI
Transactions as of
04 Nov 2021
Net transactions value
-$843,712
Form type
4/A - Amendment
Filing time
08 Nov 2021, 18:02:09 UTC
Date Of Original Report
05 Nov 2021
Previous filing
25 Oct 2021
Next filing
09 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBI Common Stock Options Exercise $304,600 +20,000 +1.4% $15.23 1,444,912 04 Nov 2021 Direct F1, F2
transaction CUBI Common Stock Sale $1,148,312 -20,000 -1.4% $57.42 1,424,912 04 Nov 2021 Direct F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CUBI Employee Stock Option (right to buy) Options Exercise $0 -20,000 -100% $0.000000* 0 04 Nov 2021 Common Stock 20,000 $15.23 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,290,014 Restricted Stock Units.
F2 Includes 7,663 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.
F3 This transaction was executed in multiple trades at prices ranging from $56.95 to $57.95. 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 effected.