Jay S. Sidhu - Feb 28, 2022 Form 4 Insider Report for Customers Bancorp, Inc. (CUBI)

Role
Chairman & CEO, Director
Signature
/s/ Jay S. Sidhu by Andrew Sachs under Power of Attorney
Stock symbol
CUBI
Transactions as of
Feb 28, 2022
Transactions value $
-$531,546
Form type
4
Date filed
3/1/2022, 02:59 PM
Previous filing
Feb 25, 2022
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBI Common Stock Tax liability -$532K -8.64K -0.72% $61.55 1.19M Feb 28, 2022 Direct F1, F2, F3
holding CUBI Common Stock 192K Feb 28, 2022 Spouse F4
holding CUBI Common Stock 179K Feb 28, 2022 Trust F5
holding CUBI Common Stock 46.2K Feb 28, 2022 Trust F6
* 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 award.
F2 Includes 88,089 Restricted Stock Units.
F3 Includes 7,663 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.
F4 Sherry Sidhu TOD Jay Sidhu.
F5 Jay S. Sidhu FBO Sherry K. Sidhu and Descendants Irrevocable Agreement of Trust dtd. 12/21/2021.
F6 National Philanthropic Trust Account - Jay Sidhu.