Home > Insider Trading > Filing (0001140361-13-022140)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1488813	Customers Bancorp Inc.	CUBI	State Commercial Banks (6022)	272290659

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1222371	S Jay Sidhu	1015 Penn Avenue, Suite 103 Wyomissing PA 19610	Chairman & Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2013-05-21	14,925	$16.75	253,497	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Options (right to buy)	Acquisiton	2013-05-21	617,910	$0.00	617,910	$16.75

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
617,910	2018-05-21	2023-05-21	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership
Class B Non-Voting Common Stock	20,833	Direct
Restricted Stock Units (Common Stock)	58,531	Direct
Restricted Stock Units (Class B Non-Voting Common Stock)	211,640	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Warrants	$10.50	2009-06-30	2016-06-30	195,596	195,596	Direct
Common Stock	Warrants	$10.50	2009-09-30	2016-09-30	21,891	21,891	Direct
Common Stock	Warrants	$10.50	2009-11-13	2016-11-13	60,632	60,632	Direct
Common Stock	Employee Stock Options (right to buy)	$9.75	2015-04-06	2020-04-06	448,754	448,754	Direct
Common Stock	Employee Stock Options (right to buy)	$10.50	2015-07-14	2020-07-14	11,667	11,667	Direct
Common Stock	Employee Stock Options (right to buy)	$12.00	2015-12-28	2020-12-28	74,422	74,422	Direct
Common Stock	Employee Stock Options (right to buy)	$12.00	2016-01-31	2021-01-31	76,459	76,459	Direct
Common Stock	Employee Stock Options (right to buy)	$12.00	2016-02-28	2021-02-28	33,517	33,517	Direct
Common Stock	Employee Stock Options (right to buy)	$12.00	2016-03-07	2021-03-07	26,831	26,831	Direct
Class B Non-Voting Common Stock	Employee Stock Options (right to buy)	$13.20	2016-09-17	2021-09-17	62,399	62,399	Direct
Class B Non-Voting Common Stock	Employee Stock Options (right to buy)	$13.20	2016-09-30	2021-09-30	98,485	98,485	Direct
Common Stock	Employee Stock Options (right to buy)	$14.00	2017-09-20	2022-09-20	711,182	711,182	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2016-06-30	195,596	195,596	Direct
2016-09-30	21,891	21,891	Direct
2016-11-13	60,632	60,632	Direct
2020-04-06	448,754	448,754	Direct
2020-07-14	11,667	11,667	Direct
2020-12-28	74,422	74,422	Direct
2021-01-31	76,459	76,459	Direct
2021-02-28	33,517	33,517	Direct
2021-03-07	26,831	26,831	Direct
2021-09-17	62,399	62,399	Direct
2021-09-30	98,485	98,485	Direct
2022-09-20	711,182	711,182	Direct

Footnotes

Under the terms of the Customers Bancorp, Inc. 2010 Stock Option Plan, these Stock Options will vest and become exercisable on the fifth anniversary of date of grant, subject to a 50% increase in the trading price of the company's voting common stock on the NASDAQ Global Select Market (or other national stock market or securities quotation system).
Under the terms of the Customers Bancorp, Inc. 2010 Stock Option Plan, these Stock Options will vest and become exercisable on the fifth anniversary of date of grant, subject to a 50% increase in the Fully Diluted Tangible Book Value (as defined and determined in accordance with the 2010 Stock Option Plan) of the company.