Amended Statement of Changes in Beneficial Ownership (4/a)
06 Aprile 2022 - 8:15PM
Edgar (US Regulatory)
FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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SIDHU JAY S |
2. Issuer Name and Ticker or Trading Symbol
Customers Bancorp, Inc.
[
CUBI
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chairman & CEO |
(Last)
(First)
(Middle)
701 READING AVENUE |
3. Date of Earliest Transaction
(MM/DD/YYYY)
4/2/2022 |
(Street)
WEST READING, PA 19611
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
4/5/2022 |
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 4/2/2022 | | F | | 3273.00 (1) | D | $51.16 | 1237434.00 (2)(3)(4) | D | |
Common Stock | | | | | | | | 192000.00 | I | Spouse (5) |
Common Stock | | | | | | | | 179410.00 | I | Trust (6) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
(1) | Shares withheld for taxes upon vesting of previously issued restricted stock units award. |
(2) | Includes 74,799 Restricted Stock Units. |
(3) | Includes 7,789 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan. |
(4) | The reporting person filed a Form 5 on February 9, 2022 and Form 4s filed on February 25, 2022, March 1, 2022, March 16, 2022, March 24, 2022, and April 5, 2022 that inadvertently reported 46,200 shares as being indirectly owned by the reporting person. The reporting person does not have any direct or indirect ownership interest in such shares and they have therefore been omitted. |
(5) | Sherry Sidhu TOD Jay Sidhu. |
(6) | Jay S. Sidhu FBO Sherry K. Sidhu and Descendants Irrevocable Agreement of Trust dtd. 12/21/2021. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
SIDHU JAY S 701 READING AVENUE WEST READING, PA 19611 | X |
| Chairman & CEO |
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Signatures
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/s/ Jay S. Sidhu by Andrew Sachs under Power of Attorney | | 4/6/2022 |
**Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
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