Matthew J. Wallace - 09 Feb 2023 Form 4 Insider Report for Bancorp, Inc. (TBBK)

Role
EVP Chief Information Officer
Signature
/s/ Paul Frenkiel, attorney-in-fact
Issuer symbol
TBBK
Transactions as of
09 Feb 2023
Transactions value $
-$98,437
Form type
4
Filing time
13 Feb 2023, 15:04:14
Previous filing
11 Feb 2022
Next filing
23 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBBK Common Stock Award +24.9K +42.09% 84K 09 Feb 2023 Direct F1
transaction TBBK Common Stock Tax liability -$98.4K -2.83K -3.36% $34.84 81.2K 10 Feb 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted restricted stock units, each of which represents the right to receive one share of common stock of The Bancorp, Inc. upon vesting. The restricted stock units shall vest annually in three equal installments.
F2 Shares were sold to pay the taxes due upon the vesting of restricted stock units.
F3 Shares were sold at prices ranging from $34.67 to $35.085 for an average price of $34.8448.