JAY S. SIDHU - 23 Oct 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
Issuer symbol
CUBI
Transactions as of
23 Oct 2022
Net transactions value
-$652,669
Form type
4
Filing time
25 Oct 2022, 13:00:28 UTC
Previous filing
11 Apr 2022
Next filing
09 Jan 2023
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 $568,447 -18,237 -1.5% $31.17 1,227,086 23 Oct 2022 Direct F1, F2, F3
transaction CUBI Common Stock Tax liability $84,221 -2,702 -0.22% $31.17 1,224,384 23 Oct 2022 Direct F1, F2, F4
holding CUBI Common Stock 192,000 23 Oct 2022 Spouse F5
holding CUBI Common Stock 179,410 23 Oct 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 8,170 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.
F3 Includes 33,962 restricted Stock Units.
F4 Includes 27,096 restricted Stock Units.
F5 Sherry Sidhu TOD Jay Sidhu.
F6 Jay S. Sidhu FBO Sherry K. Sidhu and Descendants Irrevocable Agreement of Trust dtd. 12/21/2021.