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Amerant Bancorp Inc. — Director's Dealing 2025
Feb 20, 2025
32395_dirs_2025-02-20_1f590333-2ec2-456e-a831-ec936b79b61f.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: 2025-02-18
Reporting Person: Sanchez Mariola (SEVP Chief People Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-18 | Class A Common Stock | M | 2928 | — | Acquired | 16655.8 | Direct |
| 2025-02-18 | Class A Common Stock | F | 1018 | $23.84 | Disposed | 15637.8 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-18 | Restricted Stock Units LTI 2023 | $0 | M | 1229 | Disposed | Class A Common Stock (1229) | Direct | |
| 2025-02-18 | Restricted Stock Units LTI 2024 | $0 | M | 1699 | Disposed | Class A Common Stock (1699) | Direct | |
| 2025-02-18 | Restricted Stock Units LTI 2025 | $0 | A | 5222 | Acquired | Class A Common Stock (5222) | Direct | |
| 2025-02-18 | Performance Based Restricted Stock Units LTI 2025 | $0 | A | 5222 | Acquired | Class A Common Stock (5222) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
F2: Includes 436.94 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on November 29, 2024.
F3: 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 restricted stock and RSUs.
F4: On February 16, 2023, Mrs. Sanchez was awarded 3,686 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 Mrs. Sanchez remains in the continuous service of the Company or a subsidiary through each such date.
F5: On February 16, 2024, Mrs. Sanchez was awarded 5,097 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 Mrs. Sanchez remains in the continuous service of the Company or a subsidiary through each such date.
F6: On February 18, 2025, Mrs. Sanchez was awarded 5,222 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 Mrs. Sanchez remains in the continuous service of the Company or a subsidiary through each such date.
F7: Each performance-based restricted stock unit ("PSU") is the economic equivalent of one share of Class A Common Stock.
F8: PSUs awarded to Mrs. Sanchez, each representing the right to receive, following vesting, one share of Class A Common Stock. The actual number of PSUs earned shall be based on the achievement of the Relative Adjusted Return on Average Total Common Equity at a Threshold, Target or Maximum level set by the Compensation and Human Capital Committee (the "Committee") futher modified by the achievement of specified Threshold, Target or Maximum levels set by the Committee of Relative Total Shareholder Return for a 3-year period beginning January 1, 2025 and ending on December 31, 2027, and in general can range from 40% to 180% of the PSUs. The number reported reflects the target number of PSUs Mrs. Sanchez may earn.