0001140361-17-011875.txt : 20170314
0001140361-17-011875.hdr.sgml : 20170314
20170314123451
ACCESSION NUMBER: 0001140361-17-011875
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170228
FILED AS OF DATE: 20170314
DATE AS OF CHANGE: 20170314
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: 1015 PENN AVENUE
STREET 2: SUITE 103
CITY: WYOMISSING
STATE: PA
ZIP: 19610
BUSINESS PHONE: 484-359-7113
MAIL ADDRESS:
STREET 1: 1015 PENN AVENUE
STREET 2: SUITE 103
CITY: WYOMISSING
STATE: PA
ZIP: 19610
FORMER COMPANY:
FORMER CONFORMED NAME: Customers 1st Bancorp, Inc.
DATE OF NAME CHANGE: 20100408
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Issa Steven
CENTRAL INDEX KEY: 0001512474
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35542
FILM NUMBER: 17687474
MAIL ADDRESS:
STREET 1: 16 LILAC STREET
CITY: CUMBERLAND
STATE: RI
ZIP: 02864
4
1
doc1.xml
FORM 4
X0306
4
2017-02-28
0
0001488813
Customers Bancorp, Inc.
CUBI
0001512474
Issa Steven
1015 PENN AVENUE, SUITE 103
WYOMISSING
PA
19610
0
1
0
0
Exec VP/Chief Lending Officer
Common Stock
2017-02-28
4
A
0
5008
0
A
21569
D
Common Stock
2017-03-10
4
S
0
4463
33.00
D
17106
D
Stock Options (right to buy)
17.65
2019-02-20
2024-02-20
Common Stock
5500
5500
D
Stock Options (right to buy)
13.62
2018-04-29
2023-04-29
Common Stock
11000
11000
D
Stock Options (right to buy)
23.36
2020-08-26
2025-08-26
Common Stock
10000
10000
D
Grant of restricted stock award in connection with 2016 performance bonus, with shares vesting in accordance with the terms of the award. A portion of this grant was provided in lieu of a cash bonus payment.
Includes 16,218 Restricted Stock Units.
Includes 888 shares acquired pursuant to Customers Bancorp, Inc.'s Employee Stock Purchase Plan.
Under the terms of the Customers Bancorp, Inc. 2010 Stock Option Plan, these Stock Options will vest and become exercisable on the fifth anniversary of the date of grant, subject to either (i) total shareholder returns over the vesting period of at least 50%, or (ii) compound annual growth in diluted EPS for the company of at least 10% over the vesting period.
/s/ Steven Issa by Carlyn D'Amico under Power of Attorney
2017-03-13