SEC Form 4 · accession 0001140361-18-025472
Customers Bancorp, Inc. · CUBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Ehst
Officer — President & COO
Period of report
May 23, 2018
Accepted (ET)
May 24, 2018 · 11:42 am 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 StockF2 | May 23, 2018 | M | 11,871 | $15.23 | A | 180,139 | D | |
| Common StockF1,F2 | May 23, 2018 | S | 11,871 | $29.97 | D | 168,268 | 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 (right to buy) | $15.23 | May 23, 2018 | M | 11,871 | D | May 21, 2018 | May 21, 2023 | Common Stock | 11,871 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $29.71 to $30.11. 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.
- F2Includes 44,898 Restricted Stock Units.