Andrew Hertz Bowman - 08 Feb 2021 Form 4 Insider Report for Customers Bancorp, Inc. (CUBI)

Role
EVP and Chief Credit Officer
Signature
/s/ Andrew H. Bowman by Andrew Sachs Under Power of Attorney
Issuer symbol
CUBI
Transactions as of
08 Feb 2021
Net transactions value
-$4,769
Form type
4
Filing time
04 Apr 2022, 16:49:35 UTC
Previous filing
04 Apr 2022
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 Options Exercise $16,060 +833 +9% $19.28 10,116 08 Feb 2021 Direct F1, F2
transaction CUBI Common Stock Sale $20,829 -833 -8.2% $25.01 9,283 08 Feb 2021 Direct F1, F3, F4

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 Stock Options (Right to buy) Options Exercise $0 -833 -33% $0.000000 1,665 08 Feb 2021 Common Stock 833 $19.28 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 8,409 Restricted Stock Units.
F2 The holdings reported in the Form 4 reflect an adjustment described in an amended Form 3 filed on 04/04/2022.
F3 This transaction was executed in multiple trades at prices ranging from $25.0009 to $25.0270. 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 transition was affected
F4 The holdings reported in the Form 4 reflect an adjustment described in an amended Form 3 filed on 04/04/2022