SEC Form 4 · accession 0001140361-17-042197
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
Nov 9, 2017
Accepted (ET)
Nov 13, 2017 · 5:21 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,F3 | Nov 9, 2017 | A | 75,745 | $0.00 | A | 848,472 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of 75,745 Restricted Stock Units in connection with 2016 performance bonus, with shares vesting in accordance with the terms of the award. A portion of this grant was provided in lieu of a cash bonus payment.
- F2Includes 238,227 Restricted Stock Units.
- F3Includes 2,787 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.