Form 4 for CUBI Customers Bancorp, Inc.
Accepted 2021-11-15 00:00:00 ET · period of report 2021-11-11 · accession 0001562180-21-007040 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-11-15 | 2021-11-11 | CUBI | SIDHU JAY S | COB, CEO, Dir | M - OptEx | $15.23 | +30.0K | 1.45M | +2% | +$456.9K |
| D | 2021-11-15 | 2021-11-11 | CUBI | SIDHU JAY S | COB, CEO, Dir | S - Sale+OE | $59.58 | -30.0K | 1.42M | -2% | -$1.79M |
| D | 2021-11-15 | 2021-11-11 | CUBI | SIDHU JAY S | COB, CEO, Dir | M - OptEx | $0.00 | -30.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-11 | M | A | 30,000 | $15.23 | 1,454,912 | D | — | — | (F2) Includes 7,663 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan. (F1) Includes 134,898 Restricted Stock Units. |
| 2 | Common | Common Stock | 2021-11-11 | S | D | 30,000 | $59.58 | 1,424,912 | D | — | — | (F3) This transaction was executed in multiple trades at prices ranging from $59.165 to $59.98. 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. (F2) Includes 7,663 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan. (F1) Includes 134,898 Restricted Stock Units. |
| 3 | Derivative | Employee Stock Option (right to buy) | 2021-11-11 | M | D | 30,000 | $0.00 | 0 | D | $15.23 · 2018-05-21 to 2023-05-21 | 30,000 Common Stock |