Jay S. Sidhu - 02 Apr 2022 Form 4/A - Amendment Insider Report for Customers Bancorp, Inc. (CUBI)

Role
Chairman & CEO, Director
Signature
/s/ Jay S. Sidhu by Andrew Sachs under Power of Attorney
Issuer symbol
CUBI
Transactions as of
02 Apr 2022
Net transactions value
-$167,447
Form type
4/A - Amendment
Filing time
06 Apr 2022, 14:15:11 UTC
Date Of Original Report
05 Apr 2022
Previous filing
24 Mar 2022
Next filing
11 Apr 2022
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 $167,447 -3,273 -0.26% $51.16 1,237,434 02 Apr 2022 Direct F1, F2, F3, F4
holding CUBI Common Stock 192,000 02 Apr 2022 Spouse F5
holding CUBI Common Stock 179,410 02 Apr 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 74,799 Restricted Stock Units.
F3 Includes 7,789 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.
F4 The reporting person filed a Form 5 on February 9, 2022 and Form 4s filed on February 25, 2022, March 1, 2022, March 16, 2022, March 24, 2022, and April 5, 2022 that inadvertently reported 46,200 shares as being indirectly owned by the reporting person. The reporting person does not have any direct or indirect ownership interest in such shares and they have therefore been omitted.
F5 Sherry Sidhu TOD Jay Sidhu.
F6 Jay S. Sidhu FBO Sherry K. Sidhu and Descendants Irrevocable Agreement of Trust dtd. 12/21/2021.