SEC Form 4 · accession 0001140361-17-012172
Customers Bancorp, Inc. · CUBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bhanu Choudhrie
Director
Period of report
Mar 13, 2017
Accepted (ET)
Mar 15, 2017 · 6:05 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 15, 2017 | A | 874 | $32.82 | A | 16,734 | D | |
| Common StockF2 | Mar 13, 2017 | S | 9,051 | $33.50 | D | 937,713 | I | By Lewisburg LLC |
| Common StockF3 | Mar 14, 2017 | S | 70,949 | $32.90 | D | 866,764 | I | By Lewisburg LLC |
| Common StockF4 | Mar 15, 2017 | S | 220,000 | $32.51 | D | 646,764 | I | By Lewisburg LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This stock was issued to the reporting person in lieu of cash for director compensation for Q1 2017.
- F2This transaction was executed in multiple trades at prices ranging from $33.50 to $33.55. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3This transaction was executed in multiple trades at prices ranging from $32.84 to $33.06. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4This transaction was executed in multiple trades at prices ranging from $35.85 to $35.65. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.