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Amerant Bancorp Inc. — Director's Dealing 2020
Dec 23, 2020
32395_dirs_2020-12-23_21c355ea-3743-43fd-9c71-d94dccbac218.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Amerant Bancorp Inc. (AMTB)
CIK: 0001734342
Period of Report: 2020-12-21
Reporting Person: Palacios Miguel (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-12-21 | Class A Common Stock | F | 5045 | $14.73 | Disposed | 34153.66 | Direct |
| 2020-12-23 | Class B Common Stock | D | 52 | $12.55 | Disposed | 0 | Direct |
Footnotes
F1: This number reflects an aggregate of 5,045 shares of Class A Common Stock that were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of the restricted stock
F2: These shares were sold to Amerant Bancorp Inc. in a modified Dutch Auction tender offer to purchase for cash shares of Class B common stock that were accepted for purchase and settled on December 23, 2020. Mr. Palacios participated in the tender offer on the same terms as other shareholders and was paid the same price per share as other tendering shareholders.