SEC Form 4 · accession 0001140361-16-057824
Customers Bancorp, Inc. · CUBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J Zuckerman
Director
Period of report
Mar 14, 2016
Accepted (ET)
Mar 15, 2016 · 4:09 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 | Mar 14, 2016 | X | 6,815 | $9.55 | A | 6,815 | I | Steven J. Zuckerman revocable trust |
| Common StockF1 | Mar 15, 2016 | A | 1,974 | $24.12 | A | 22,231 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF2 | $9.55 | Mar 14, 2016 | X | 0 | D | Jun 30, 2009 | Jun 30, 2016 | Common Stock | 6,815 | 0 | I |
Explanation of responses
- F1This stock was issued to the reporting person in lieu of cash for director compensation for Q1 2016
- F2Transaction involves the exercise of previously reported warrants. The exercise for cash occurred on March 14, 2016, at an exercise price of $9.55 per share.