Miguel A. Capriles L. - Jun 4, 2021 Form 4 Insider Report for Amerant Bancorp Inc. (AMTB)

Role: Director
Signature: /s/ Julio V. Pena as Attorney-in-Fact for Miguel A. Capriles L.
Stock symbol: AMTB
Transactions as of: Jun 4, 2021
Transactions value $: -$88,242
Form type: 4
Date filed: 6/10/2021, 06:14 PM
Next filing: Dec 23, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMTB	Class A Common Stock	Options Exercise	$0	+3.72K		$0.00	3.72K	Jun 4, 2021	Direct	F1
transaction	AMTB	Class A Common Stock	Award	-$88.2K	-3.72K	-100%	$23.74	0	Jun 4, 2021	Direct	F2

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	AMTB	Restricted Stock Units	Options Exercise	$0	-3.72K	-53.7%	$0.00	3.21K	Jun 4, 2021	Class A Common Stock	3.72K	$0.00	Direct	F1, F3
transaction	AMTB	Restricted Stock Units	Award	$0	+2.19K	+68.36%	$0.00	5.4K	Jun 9, 2021	Class A Common Stock	2.19K	$0.00	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit is the economic equivalent of one share of Class A Common Stock.
F2	The restricted stock units that vested were settled in cash based on the closing price of the Class A Common Stock on June 4, 2021.
F3	On June 4, 2020, the reporting person was granted 3,717 restricted stock units to be settled in cash and vesting on the first anniversary of the date of grant.
F4	On June 9, 2021, Mr. Capriles was awarded 2,191 restricted stock units. Each Restricted Stock Unit is the economic equivalent of one share of Company Class A common stock. The Restricted Stock Units will be settled in cash and will vest on the first anniversary of the date of grant, provided the grantee remains in continuous service as a director throughout such date.