SEC Form 4 · accession 0001140361-17-029137
Customers Bancorp, Inc. · CUBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay S Sidhu
Officer — Chairman & CEO · Director
Period of report
Jul 26, 2017
Accepted (ET)
Jul 28, 2017 · 4:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001488813
Table I — non-derivative securities
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $28.24 | Jul 26, 2017 | A | 120,000 | A | Jul 26, 2022 | Jul 26, 2027 | Common Stock | 120,000 | 120,000 | D |
Explanation of responses
- 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.
- F2Includes 162,482 Restricted Stock Units.
- F3Includes 2,505 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.