Filing Details
- Accession Number:
- 0001140361-16-058413
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-03-18 16:02:35
- Reporting Period:
- 2016-02-24
- Filing Date:
- 2016-03-18
- Accepted Time:
- 2016-03-18 16:02:35
- 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 |
|---|---|---|---|---|---|---|---|
| 1527827 | Glenn Hedde | 1015 Penn Avenue, Suite 103 Wyomissing PA 19610 | Pres Mortgage Warehouselending | 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 | 2016-02-24 | 22,280 | $0.00 | 176,289 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2016-03-17 | 10,283 | $24.10 | 166,006 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2016-03-17 | 19,868 | $23.24 | 146,138 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Options | $8.86 | 2015-04-06 | 2020-04-06 | 3,667 | 3,667 | Direct |
| Common Stock | Stock Options | $10.91 | 2016-02-17 | 2021-02-17 | 9,167 | 9,167 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2020-04-06 | 3,667 | 3,667 | Direct |
| 2021-02-17 | 9,167 | 9,167 | Direct |
Footnotes
- Grant of restricted stock award in connection with 2015 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.
- Includes 89,275 shares of common stock previously reported in Table I separately as Restricted Stock Units.
- Shares withheld for taxes upon vesting of previously issued restricted stock award.
- Includes 59,124 shares of common stock previously reported in Table I separately as Restricted Stock Units.
- This transaction was executed in multiple trades at prices ranging from $23.01 to $23.63. 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.
Billionaire Hedge Funds
