SEC Form 5/A · accession 0001140361-15-011237
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
Steven J Zuckerman
Director
Period of report
Dec 31, 2014
Accepted (ET)
Mar 10, 2015 · 6:47 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 StockF1 | May 27, 2014 | J | 1,186 | $0.00 | A | 15,661 | 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 | $9.55 | May 27, 2014 | J | 620 | A | Jun 30, 2009 | Jun 30, 2016 | Common Stock | 620 | 6,815 | I |
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.
Remarks
This amendment removes 218,254 shares of common stock mistakenly reported on the original Form 5 as indirectly held by Steven J. Zuckerman Recoverable Trust. As of the end of Customers Bancorp, Inc's fiscal year, such shares were not beneficially owned, directly or indirectly, by the reporting person.