JAY S. SIDHU - 05 Jan 2023 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
05 Jan 2023
Net transactions value
+$150,023
Form type
4
Filing time
09 Jan 2023, 11:00:01 UTC
Previous filing
25 Oct 2022
Next filing
27 Feb 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 Award $150,023 +5,575 +0.46% $26.91 1,229,959 05 Jan 2023 Direct F1, F2, F3
holding CUBI Common Stock 192,000 05 Jan 2023 Spouse F4
holding CUBI Common Stock 179,410 05 Jan 2023 Trust F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of Restricted Stock Units award with shares vesting in accordance with the terms of the 2019 Stock Incentive Plan.
F2 Includes 32,671 Restricted Stock Units.
F3 Includes 8,170 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.