SEC Form 4 · accession 0001140361-16-068189
Bancorp, Inc. · TBBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Damian Kozlowski
Officer — Chief Executive Officer · Director
Period of report
Jun 1, 2016
Accepted (ET)
Jun 2, 2016 · 10:44 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001295401
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 1, 2016 | A | 300,000 | $0.00 | A | 300,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $6.75 | Jun 1, 2016 | A | 300,000 | A | — | Jun 1, 2026 | Common Stock | 300,000 | 300,000 | D |
Explanation of responses
- F1The reporting person was granted restricted stock units, each of which represents the right to receive one share of common stock of The Bancorp, Inc. The restricted stock units vest in three equal annual installments beginning on June 1, 2017.
- F2The option vests in four equal annual installments beginning on June 1, 2017.