SEC Form 5/A · accession 0001140361-15-010364
Customers Bancorp, Inc. · CUBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 5/A). It replaces an earlier filing for the same period.
Reporting owner
Jay S Sidhu
Officer — Chairman & CEO · Director
Period of report
Dec 31, 2014
Accepted (ET)
Mar 5, 2015 · 12:14 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (Common Stock)F2 | Feb 20, 2014 | A | 28,965 | $0.00 | A | 87,496 | D | |
| Restricted Stock Units (Common Stock)F4,F3 | May 27, 2014 | J | 8,749 | $0.00 | A | 96,245 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was inadvertently omitted from the original Form 5 filing.
- F2Grant 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.
- F3On 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.
- F4The original Form 5 filing has been amended to report the correct number of shares received by the reporting person in connection with the Stock Dividend as the number reported in the original Form 5 inadvertently included the 28,965 shares set forth on line 1 of this Form 5/A.