0001488813-21-000057.txt : 20210225
0001488813-21-000057.hdr.sgml : 20210225
20210225194930
ACCESSION NUMBER: 0001488813-21-000057
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210223
FILED AS OF DATE: 20210225
DATE AS OF CHANGE: 20210225
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SIDHU JAY S
CENTRAL INDEX KEY: 0001222371
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35542
FILM NUMBER: 21682835
MAIL ADDRESS:
STREET 1: 4655 SALISBURY ROAD
STREET 2: SUITE 110
CITY: JACKSONVILLE
STATE: FL
ZIP: 32256
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Customers Bancorp, Inc.
CENTRAL INDEX KEY: 0001488813
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 272290659
STATE OF INCORPORATION: PA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 701 READING AVENUE
CITY: WEST READING
STATE: PA
ZIP: 19611
BUSINESS PHONE: 484-359-7113
MAIL ADDRESS:
STREET 1: 701 READING AVENUE
CITY: WEST READING
STATE: PA
ZIP: 19611
FORMER COMPANY:
FORMER CONFORMED NAME: Customers 1st Bancorp, Inc.
DATE OF NAME CHANGE: 20100408
4
1
wf-form4_161430055570347.xml
FORM 4
X0306
4
2021-02-23
0
0001488813
Customers Bancorp, Inc.
CUBI
0001222371
SIDHU JAY S
701 READING AVENUE
WEST READING
PA
19611
1
1
0
0
Chairman & CEO
Common Stock
2021-02-23
4
A
0
32046
27.56
A
1412883
D
Stock Options (right to buy)
28.37
2026-02-24
2031-02-24
Common Stock
100000.0
1641201
D
Grant of Restricted Stock Units award, with shares vesting in accordance with the terms of the 2020 Bonus Incentive.
Includes 164,935 Restricted Stock Units.
Includes 6,749 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.
Under the terms of the Customer Bancorp, Inc. 2010 Stock Option Plan, these Stock Options have a five year cliff vesting schedule with a ten year expiration date. The vesting is time based.
/s/Jay Sidhu by Michael DeTommaso Under Power of Attorney.
2021-02-25