SEC Form 4 · accession 0001140361-15-011230

Customers Bancorp, Inc. · CUBI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President and COO

Period of report

Mar 6, 2015

Accepted (ET)

Mar 10, 2015 · 6:42 pm EDT

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 Stock^F3,F4	Mar 6, 2015	A	7,202	$0.00	A	85,837	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Options (right to buy)^F1,F4,F5	$15.23	holding	—	—	—	May 21, 2018	May 21, 2023	Common Stock	101,956	101,956	D
Employee Stock Options (right to buy)^F1,F4,F5	$8.86	holding	—	—	—	Apr 6, 2015	Apr 6, 2020	Common Stock	74,044	74,044	D
Employee Stock Options (right to buy)^F1,F4,F5	$9.55	holding	—	—	—	Jul 14, 2015	Jul 14, 2020	Common Stock	1,925	1,925	D
Employee Stock Options (right to buy)^F1,F4,F5	$10.91	holding	—	—	—	Dec 28, 2015	Dec 28, 2020	Common Stock	12,279	12,279	D
Employee Stock Options (right to buy)^F1,F4,F5	$10.91	holding	—	—	—	Jan 31, 2016	Jan 31, 2021	Common Stock	12,616	12,616	D
Employee Stock Options (right to buy)^F1,F4,F5	$10.91	holding	—	—	—	Feb 28, 2016	Feb 28, 2021	Common Stock	5,531	5,531	D
Employee Stock Options (right to buy)^F1,F4,F5	$10.91	holding	—	—	—	Mar 7, 2016	Mar 7, 2021	Common Stock	4,428	4,428	D
Employee Stock Options (right to buy)^F1,F4,F5	$12.00	holding	—	—	—	Sep 17, 2016	Sep 17, 2021	Common Stock	10,296	10,296	D
Employee Stock Options (right to buy)^F1,F4,F5	$12.00	holding	—	—	—	Sep 30, 2016	Sep 30, 2021	Common Stock	16,250	16,250	D
Employee Stock Options (right to buy)^F1,F4,F5	$12.73	holding	—	—	—	Sep 20, 2017	Sep 20, 2022	Common Stock	117,345	117,345	D

F1Under the terms of the Customers Bancorp, Inc. 2010 Stock Option Plan, these Stock Options will vest and become exercisable on the fifth anniversary of date of grant, subject to a 50% increase in the trading price of the company's voting common stock on the NASDAQ Global Select Market (or other national stock market or securities quotation system).
F2Grant of restricted stock, with shares vesting in accordance with the terms of the award.
F3Includes 63,624 shares of common stock previously reported in Table I separately as Restricted Stock Units.
F4On 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.
F5Exercise price adjusted to account for Stock Dividend.