Lyle Cunningham - 04 Apr 2023 Form 4 Insider Report for Customers Bancorp, Inc. (CUBI)

Role
Director/Chief Lending Officer
Signature
/s/Lyle Cunningham by Andrew Sachs Under Power of Attorney
Issuer symbol
CUBI
Transactions as of
04 Apr 2023
Net transactions value
+$240,003
Form type
4
Filing time
01 Jun 2023, 14:40:56 UTC
Previous filing
04 Apr 2023
Next filing
15 Nov 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 $240,003 +13,833 +63% $17.35 35,848 04 Apr 2023 Direct F1, F2, F3
* 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 was contingent upon shareholder approval of an amendment to the Issuer's 2019 Stock Incentive Plan, which approval was obtained on May 30, 2023.
F2 Includes 21,847 Restricted Stock Units.
F3 Includes 920 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.