Leto John 4
4 · Bancorp, Inc. · Filed May 21, 2020
Insider Transaction Report
Form 4
Bancorp, Inc.TBBK
Leto John
EVP Head of Institutional Bank
Transactions
- Award
Common Stock
2020-05-20+55,676→ 221,791 total - Tax Payment
Common Stock
2020-05-20$6.77/sh−2,301$15,578→ 219,490 total
Holdings
- 2,246(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]The Reporting Person was granted restricted stock units, each of which represents the right to receive one share of common stock of The Bancorp, Inc. upon vesting. The restricted stock units shall vest in three equal installments over a period of two years and nine months from the date of grant, with the first installment vesting on the first anniversary of the date of grant, the second installment on the second anniversary thereafter, and the third installment 9 months after the second installment.
- [F2]Shares were sold to pay the taxes due upon the vesting of restricted stock units.
- [F3]The Reporting Person sold a total of 2,301 shares at prices ranging from $6.59 to $6.91 for an average price of $6.77.