Sidhu Jay S's Form 4/A amendment
AmendedCustomers Bancorp, Inc. (CUBB) · filed Nov 8, 2021
- Accession no.
- 0001562180-21-006900
- Filed
- Nov 8, 2021
- Trade date
- Nov 4, 2021
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Nov 5, 2021
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $1.15M. It was filed 4 days after the trade.
This amendment replaces 0001562180-21-006875 (filed Nov 5, 2021).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Sidhu Jay SCIK 0001222371 | Director, Officer (Chairman & CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 4, 2021 | Common Stock | MOption exerciseAcquired | +20,000 | $15.23 | +$304,600 | 1,444,912 | Direct | |
| Nov 4, 2021 | Common Stock | SSaleDisposed | −20,000 | $57.42F3 | −$1,148,400 | 1,424,912 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 4, 2021 | Common Stock | MOption exerciseDisposed | −20,000 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Includes 1,290,014 Restricted Stock Units.
- F2
Includes 7,663 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.
- F3
This transaction was executed in multiple trades at prices ranging from $56.95 to $57.95. 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.
Referenced by the price of 1 transaction in Table I.