SEC Form 5 · accession 0001140361-15-007652
Customers Bancorp, Inc. · CUBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
T Lawrence Way
Director
Period of report
Dec 31, 2014
Accepted (ET)
Feb 17, 2015 · 8:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001488813
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 27, 2014 | J | 21,050 | $0.00 | A | 234,182 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF1,F2 | $14.85 | May 27, 2014 | J | 209 | A | Jun 30, 2009 | Jun 30, 2016 | Common Stock | 209 | 2,293 | D |
| WarrantsF1,F2 | $9.45 | May 27, 2014 | J | 19 | A | Jun 30, 2009 | Jun 30, 2016 | Common Stock | 19 | 205 | D |
Explanation of responses
- F1On May 15, 2014, Customers Bancorp, Inc. declared a 10% stock dividend payable to all holders of record of common stock on May 27, 2014 (the "Stock Dividend"). As a result, the reporting person received additional shares of common stock as of June 30, 2014.
- F2Exercise price adjusted to account for the Stock Dividend.