0001562180-23-007473.txt : 20231101 0001562180-23-007473.hdr.sgml : 20231101 20231101164328 ACCESSION NUMBER: 0001562180-23-007473 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231031 FILED AS OF DATE: 20231101 DATE AS OF CHANGE: 20231101 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: 231368871 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 primarydocument.xml PRIMARY DOCUMENT X0508 4 2023-10-31 false 0001488813 Customers Bancorp, Inc. CUBI 0001222371 SIDHU JAY S 701 READING AVENUE WEST READING PA 19611 true true false false Chairman & CEO false Common Stock 2023-10-31 4 M false 100000.00 15.23 A 1378124.00 D Common Stock 2023-10-31 4 S false 100000.00 39.4163 D 1278124.00 D Common Stock 179140.00 I Trust Common Stock 167290.00 I Trust Common Stock 167290.00 I Trust Employee Stock Option (Right to buy) 15.23 2023-10-31 4 M false 100000.00 15.23 D 2018-05-21 2023-10-31 Common Stock 100000.00 0.00 D Includes 109,378 Restricted Stock Units. Includes 9,241 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan. This transaction was executed in multiple trades at prices ranging from $38.64 to $40.25. 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 transition was affected. Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1 Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2. /s/ Jay S. Sidhu by Andrew Sachs under Power of Attorney 2023-11-01