SEC Form 4 · accession 0001140361-17-000825
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
Dec 31, 2016
Accepted (ET)
Jan 5, 2017 · 6:42 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 | Dec 31, 2016 | F | 5,090 | $35.82 | D | 124,385 | 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 | $8.86 | holding | — | — | — | Apr 6, 2015 | Apr 6, 2020 | Common Stock | 3,667 | 3,667 | D |
| Stock Options | $10.91 | holding | — | — | — | Feb 17, 2016 | Feb 17, 2021 | Common Stock | 9,167 | 9,167 | D |
Explanation of responses
- F1Shares withheld for taxes upon vesting of previously issued restricted stock award.
- F2Includes 71,229 Restricted Stock Units.