Filing Details
- Accession Number:
- 0001562180-21-007386
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-12-02 15:37:00
- Reporting Period:
- 2021-12-01
- Accepted Time:
- 2021-12-02 15:37:00
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1488813 | Customers Bancorp Inc. | CUBI | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1222371 | S Jay Sidhu | 701 Reading Avenue West Reading PA 19611 | Chairman & Ceo | No | No | 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 | 2021-12-01 | 50,000 | $15.23 | 1,474,912 | No | 4 | M | Direct | |
Common Stock | Disposition | 2021-12-01 | 50,000 | $57.98 | 1,424,912 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (right to buy) | Disposition | 2021-12-01 | 50,000 | $0.00 | 50,000 | $15.23 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
299,701 | 2018-05-21 | 2023-05-21 | No | 4 | M | Direct |
Footnotes
- Includes 134,898 Restricted Stock Units.
- Includes 7,663 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.
- This transaction was executed in multiple trades at prices ranging from $56.62 to $59.36. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transition was affected.
- The reporting person's form 4s previously filed inadvertently identified the number of derivative securities beneficially owned following the reported transaction as zero (0), rather than 299,701 employee stock options owned following the reported transaction.