Form 4 for CUBI Customers Bancorp, Inc.
Accepted 2023-02-27 00:00:00 ET · period of report 2023-01-22 · accession 0001562180-23-001887 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-02-27 | 2023-01-22+ | CUBI | SIDHU JAY S | COB, CEO, Dir | F - Tax | $31.03 | -5,973 | 1.12M | -0.5% | -$185.4K |
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 | 2023-01-22 | F | D | 3,371 | $31.12 | 1,124,778 | D | — | — | (F1) Shares withheld for taxes upon vesting of previously issued restricted stock award. (F3) Includes 8,170 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan. (F2) Includes 60,472 Restricted Stock Units, including 46,345 shares mistakenly reported as vested RSUs rather than vested PSUs, which resulted in an underreporting of total shares by the same amount. |
| 2 | Common | Common Stock | 2023-02-23 | F | D | 2,602 | $30.92 | 1,122,176 | D | — | — | (F1) Shares withheld for taxes upon vesting of previously issued restricted stock award. (F3) Includes 8,170 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan. (F4) Includes 49,790 Restricted Stock Units. |