H. Palmer Proctor Jr - Feb 21, 2024 Form 4 Insider Report for Ameris Bancorp (ABCB)

Signature
H. Palmer Proctor, Jr. by Elna Klein-Kolarich as Attorney-In-Fact
Stock symbol
ABCB
Transactions as of
Feb 21, 2024
Transactions value $
-$428,040
Form type
4
Date filed
2/23/2024, 03:07 PM
Previous filing
Feb 21, 2024
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABCB Common Stock Award $0 +20.6K +7.18% $0.00 307K Feb 21, 2024 Direct F1
transaction ABCB Common Stock Tax liability -$428K -9.23K -3% $46.40 298K Feb 21, 2024 Direct F2
transaction ABCB Common Stock Award $0 +24.1K +8.1% $0.00 322K Feb 21, 2024 Direct F3
holding ABCB Common Stock 22.5K Feb 21, 2024 401(k)
holding ABCB Common Stock 22K Feb 21, 2024 By Children
holding ABCB Common Stock 18K Feb 21, 2024 Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock grant pursuant to performance stock unit award originally granted February 18, 2021 pursuant to the Ameris Bancorp 2014 Omnibus Equity Compensation Plan.
F2 This transaction represents the withholding of 9,225 shares of common stock to satisfy the tax withholding obligations incurred by the reporting person upon the stock grant of 20,572 shares on February 21, 2024.
F3 Stock grant pursuant to the Ameris Bancorp 2021 Omnibus Equity Compensation Plan, vesting: (i) 8,046 shares on February 21, 2025; (ii) 8,046 shares on February 21, 2026; and (iii) 8.046 shares on February 21, 2027.