Jay S. Sidhu - Mar 22, 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
Stock symbol
CUBI
Transactions as of
Mar 22, 2023
Transactions value $
-$22,750
Form type
4
Date filed
3/24/2023, 09:57 AM
Previous filing
Mar 13, 2023
Next filing
Apr 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBI Common Stock Tax liability -$22.8K -1.25K -0.11% $18.20 1.17M Mar 22, 2023 Direct F1, F2, F3
holding CUBI Common Stock 179K Mar 22, 2023 Trust F4
holding CUBI Common Stock 167K Mar 22, 2023 Trust F5
holding CUBI Common Stock 167K Mar 22, 2023 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 award.
F2 Includes 44,660 Restricted Stock Units.
F3 Includes 8,170 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.
F4 Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust.
F5 Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1
F6 Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2.