0000950159-21-000265.txt : 20210819 0000950159-21-000265.hdr.sgml : 20210819 20210819165202 ACCESSION NUMBER: 0000950159-21-000265 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210817 FILED AS OF DATE: 20210819 DATE AS OF CHANGE: 20210819 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kozlowski Damian CENTRAL INDEX KEY: 0001676084 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51018 FILM NUMBER: 211190850 MAIL ADDRESS: STREET 1: 409 SILVERSIDE ROAD STREET 2: SUITE 105 CITY: WILMINGTON STATE: DE ZIP: 19809 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Bancorp, Inc. CENTRAL INDEX KEY: 0001295401 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 233016517 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 409 SILVERSIDE ROAD CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 302-385-5000 MAIL ADDRESS: STREET 1: 409 SILVERSIDE ROAD CITY: WILMINGTON STATE: DE ZIP: 19809 4 1 ownership.xml X0306 4 2021-08-17 0 0001295401 Bancorp, Inc. TBBK 0001676084 Kozlowski Damian C/O THE BANCORP, INC. 409 SILVERSIDE ROAD SUITE 105 WILMINGTON DE 19809 1 1 0 0 CEO and President Common Stock 2021-08-17 4 M 0 300000 6.75 A 866311 D Common Stock 2021-08-17 4 S 0 26703 24.5307 D 839608 D Common Stock 2021-08-18 4 S 0 104397 24.6289 D 735211 D Common Stock 2021-08-19 4 S 0 168900 23.1307 D 566311 D Common Stock 15337 I By 401k plan account Common Stock 2230 I By son Common Stock 2230 I By son Stock Option 6.75 2021-08-17 4 M 0 300000 0 D 2016-06-01 2026-06-01 Common Stock 300000 0 D The Reporting Person sold a total of 26,703 shares at prices ranging from $24.19 to $25.16 for an average price of $24.5307. The Reporting Person sold a total of 104,397 shares at prices ranging from $24.07 to $24.81 for an average price of $24.6289. The Reporting Person sold a total of 168,900 shares at prices ranging from $22.80 to $24.13 for an average price of $23.1307. The majority of the proceeds will be used over time to satisfy divorce decree, which includes the prepayment of mortgage debt (approximately $1.22 million) and direct monetary payments, as well as other expenses such as taxes and college tuition delineated in settlement. The remaining proceeds may be used for a new primary residence, and could include the future prepayment of mortgage debt and/or down payment and various other residence related expenses including taxes, insurance and closing costs. /s/ Paul Frenkiel, attorney-in-fact 2021-08-19