JAY S. SIDHU - 14 Dec 2021 Form 4 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
14 Dec 2021
Net transactions value
+$6,271,755
Form type
4
Filing time
15 Dec 2021, 13:08:03 UTC
Previous filing
13 Dec 2021
Next filing
16 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBI Common Stock Options Exercise $6,271,755 +241,500 +17% $25.97 1,666,412 14 Dec 2021 Direct F1, F2

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 -241,500 -100% $0.000000* 0 14 Dec 2021 Common Stock 241,500 $25.97 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 134,898 Restricted Stock Units.
F2 Includes 7,663 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.