Filing Details

Accession Number:
0001140361-13-022136
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-05-21 19:28:15
Reporting Period:
2013-05-21
Filing Date:
2013-05-21
Accepted Time:
2013-05-21 18:28:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1488813 Customers Bancorp Inc. CUBI State Commercial Banks (6022) 272290659
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1527848 Warren Taylor 1015 Penn Avenue, Suite 103
Wyomissing PA 19610
Pres&Director Communitybanking No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-05-21 14,925 $16.75 39,925 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Restricted Stock Units 22,088 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Options (right to buy) $9.75 2015-04-06 2020-04-06 16,667 16,667 Direct
Common Stock Employee Stock Options (right to buy) $12.00 2016-02-17 2021-02-17 16,667 16,667 Direct
Common Stock Employee Stock Options (right to buy) $12.60 2017-02-16 2022-02-16 6,667 6,667 Direct
Common Stock Employee Stock Options (right to buy) $14.94 2017-11-28 2022-11-28 10,000 10,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2020-04-06 16,667 16,667 Direct
2021-02-17 16,667 16,667 Direct
2022-02-16 6,667 6,667 Direct
2022-11-28 10,000 10,000 Direct
Footnotes
  1. Under 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, subject to a 50% increase in the trading price of the company's voting common stock on the NASDAQ Global Select Market (or other national stock market or securities quotation system).