Jay S. Sidhu - 13 Mar 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
13 Mar 2023
Net transactions value
+$499,950
Form type
4
Filing time
13 Mar 2023, 12:17:08 UTC
Previous filing
27 Feb 2023
Next filing
24 Mar 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 Purchase $499,950 +45,450 +4.1% $11.00 1,167,626 13 Mar 2023 Direct F1, F2
holding CUBI Common Stock 179,410 13 Mar 2023 Trust F3
holding CUBI Common Stock 167,290 13 Mar 2023 Trust F4
holding CUBI Common Stock 167,290 13 Mar 2023 Trust F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 49,790 Restricted Stock Units.
F2 Includes 8,170 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.
F3 Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust.
F4 Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1
F5 Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2.