SEC Form 4 · accession 0001140361-15-010360
Customers Bancorp, Inc. · CUBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn Hedde
Officer — Pres Mortgage WarehouseLending
Period of report
Feb 20, 2014
Accepted (ET)
Mar 5, 2015 · 12:08 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 StockF2 | Feb 20, 2014 | A | 13,388 | $0.00 | A | 137,284 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $9.75 | holding | — | — | — | Apr 6, 2015 | Apr 6, 2020 | Common Stock | 3,334 | 3,334 | D |
| Stock Options | $12.00 | holding | — | — | — | Feb 17, 2016 | Feb 17, 2021 | Common Stock | 8,334 | 8,334 | D |
Explanation of responses
- F1Grant of restricted stock award in connection with 2014 performance bonus, with shares vesting in accordance with the terms of the award. A portion of this grant was provided in lieu of a cash bonus payment.
- F2Includes 102,687 shares of common stock previously reported in Table I separately as Restricted Stock Units.