Steven Issa - 19 Nov 2021 Form 4 Insider Report for Customers Bancorp, Inc. (CUBI)

Signature
/s/ Steven Issa by Andrew Sachs under Power of Attorney
Issuer symbol
CUBI
Transactions as of
19 Nov 2021
Transactions value $
-$176,514
Form type
4
Filing time
23 Nov 2021, 10:30:19 UTC
Previous filing
02 Nov 2021
Next filing
24 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBI Common Stock Award $341K +6K +33.53% $56.83 23.9K 19 Nov 2021 Direct F1, F2
transaction CUBI Common Stock Tax liability -$518K -9.11K -38.11% $56.83 14.8K 19 Nov 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of accelerated Performance Stock Units in connection with 2019 Plan long term incentive awards.
F2 Includes 14,789 Restricted Stock Units.
F3 Shares withheld for taxes upon vesting of previously issued restricted stock unit awards and performance stock unit awards.