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Amerant Bancorp Inc. — Director's Dealing 2024
Feb 21, 2024
32395_dirs_2024-02-21_d7c38434-f705-4542-b1b7-090e12e3579b.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: 2023-08-31
Reporting Person: Martin Silvio Marshall (EVP & Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-31 | Class A Common Stock | L | 7.199 | $18.91 | Acquired | 6287.611 | Direct |
| 2023-11-30 | Class A Common Stock | L | 6.494 | $21.06 | Acquired | 6294.105 | Direct |
| 2024-02-16 | Class A Common Stock | M | 833 | — | Acquired | 7127.105 | Direct |
| 2024-02-16 | Class A Common Stock | F | 203 | $22.49 | Disposed | 6924.105 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-16 | Restricted Stock Units LTI 2023 | $0 | M | 833 | Disposed | Class A Common Stock (833) | Direct | |
| 2024-02-16 | Restricted Stock Units LTI 2024 | $0 | A | 9000 | Acquired | Class A Common Stock (9000) | Direct |
Footnotes
F1: These shares were acquired under a dividend reinvestment plan that is sponsored by the broker-dealer where the reporting person maintains a personal brokerage account.
F2: Includes 827.29 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on November 30, 2023.
F3: Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
F4: Reflects the shares of Class A Common Stock that were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of RSUs.
F5: On February 16, 2023, Mr. Martin was awarded 2,500 RSUs, each representing the right to receive, following vesting, one share of Class A Common Stock. The award vests in substantially equal installments on each of the first three anniversaries of the date of grant, provided that Mr. Martin remains in the continuous service of the Company or a subsidiary through each such date.
F6: On February 16, 2024, Mr. Martin was awarded 9,000 RSUs, each representing the right to receive, following vesting, one share of Class A Common Stock. The award vests in substantially equal installments on each of the first three anniversaries of the date of grant, provided that Mr. Martin remains in the continuous service of the Company or a subsidiary through each such date.