Olek DeRowe - 09 Feb 2024 Form 4 Insider Report for Bancorp, Inc. (TBBK)

Signature
/s/ Paul Frenkiel, attorney-in-fact
Issuer symbol
TBBK
Transactions as of
09 Feb 2024
Transactions value $
-$800,519
Form type
4
Filing time
13 Feb 2024, 16:00:53 UTC
Previous filing
02 Nov 2023
Next filing
12 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBBK Common Stock Award +20.5K +28.96% 91.3K 09 Feb 2024 Direct F1
transaction TBBK Common Stock Sale -$323K -7.5K -8.21% $43.07 83.8K 09 Feb 2024 Direct F2
transaction TBBK Common Stock Tax liability -$477K -10.6K -12.7% $44.85 73.2K 12 Feb 2024 Direct F3, F4
holding TBBK Common Stock 3.47K 09 Feb 2024 By 401k plan account
* 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 at prices ranging from $43.00 to $43.15.
F3 Shares were sold to pay the taxes due upon the vesting of restricted stock units.
F4 Shares were sold at prices ranging from $44.60 to $45.37.