Paul Frenkiel - May 24, 2021 Form 4 Insider Report for Bancorp, Inc. (TBBK)

Role
EVP Chief Financial Officer
Signature
/s/ Paul Frenkiel, as attorney-in-fact
Stock symbol
TBBK
Transactions as of
May 24, 2021
Transactions value $
-$710,737
Form type
4
Date filed
5/26/2021, 04:01 PM
Previous filing
May 24, 2021
Next filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBBK Common Stock Options Exercise $280K +38K +31.37% $7.36* 159K May 24, 2021 Direct
transaction TBBK Common Stock Options Exercise $340K +40K +25.14% $8.50* 199K May 24, 2021 Direct
transaction TBBK Common Stock Options Exercise $209K +20K +10.04% $10.45 219K May 24, 2021 Direct
transaction TBBK Common Stock Tax liability -$829K -34.3K -15.67% $24.13 185K May 24, 2021 Direct
transaction TBBK Common Stock Tax liability -$711K -29.6K -16.02% $24.01 155K May 25, 2021 Direct F1, F2
holding TBBK Common Stock 5.22K May 24, 2021 By 401(k) plan account

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TBBK Stock Option (right to buy) Options Exercise $0 -38K -100% $0.00* 0 May 24, 2021 Common Stock 38K $7.36 Direct F3
transaction TBBK Stock Option (right to buy) Options Exercise $0 -40K -100% $0.00* 0 May 24, 2021 Common Stock 40K $8.50 Direct F4
transaction TBBK Stock Option (right to buy) Options Exercise $0 -20K -100% $0.00* 0 May 24, 2021 Common Stock 20K $10.45 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold to pay taxes due.
F2 Shares were sold at prices ranging from $23.60 to $24.69 for a volume weighted average price of $24.01.
F3 Options became fully exercisable on August 11, 2015.
F4 Options became fully exercisable on January 25, 2016.
F5 Options became fully exercisable on January 23, 2017.