Filing Details
- Accession Number:
- 0000950159-21-000265
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-08-19 16:52:02
- Reporting Period:
- 2021-08-17
- Accepted Time:
- 2021-08-19 16:52:02
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1295401 | Bancorp Inc. | TBBK | National Commercial Banks (6021) | 233016517 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1676084 | Damian Kozlowski | C/O The Bancorp, Inc. 409 Silverside Road Suite 105 Wilmington DE 19809 | Ceo And President | Yes | 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 | 2021-08-17 | 300,000 | $6.75 | 866,311 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-08-17 | 26,703 | $24.53 | 839,608 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-08-18 | 104,397 | $24.63 | 735,211 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-08-19 | 168,900 | $23.13 | 566,311 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option | Disposition | 2021-08-17 | 300,000 | $0.00 | 300,000 | $6.75 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2016-06-01 | 2026-06-01 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 15,337 | Indirect | By 401k plan account |
| Common Stock | 2,230 | Indirect | By son |
| Common Stock | 2,230 | Indirect | By son |
Footnotes
- The Reporting Person sold a total of 26,703 shares at prices ranging from $24.19 to $25.16 for an average price of $24.5307.
- The Reporting Person sold a total of 104,397 shares at prices ranging from $24.07 to $24.81 for an average price of $24.6289.
- The Reporting Person sold a total of 168,900 shares at prices ranging from $22.80 to $24.13 for an average price of $23.1307.
- The majority of the proceeds will be used over time to satisfy divorce decree, which includes the prepayment of mortgage debt (approximately $1.22 million) and direct monetary payments, as well as other expenses such as taxes and college tuition delineated in settlement. The remaining proceeds may be used for a new primary residence, and could include the future prepayment of mortgage debt and/or down payment and various other residence related expenses including taxes, insurance and closing costs.
Billionaire Hedge Funds
