SEC Form 4 · accession 0001295401-19-000021
Bancorp, Inc. · TBBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Leto
Officer — EVP and CAO
Period of report
Feb 11, 2019
Accepted (ET)
Feb 11, 2019 · 6:14 pm EST
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 | Feb 11, 2019 | A | 35,006 | $0.00 | A | 200,929 | D | |
| Common StockF3 | Feb 11, 2019 | F | 10,164 | $8.51 | D | 190,765 | D | |
| Common Stock | holding | — | — | — | 886 | I | By 401k plan account |
Table II — derivative securities
No Table II lines on this filing.
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. upon vesting. The restricted stock units shall vest in three equal installments over a period of three years with the first installment vesting on the first anniversary of the date of grant.
- F2Shares were sold to pay taxes due on the vesting of restricted stock units.
- F3The Reporting Person sold a total of 10,164 shares at prices ranging from $8.47 to $8.56 for an average price of $8.51.