Miguel A. Capriles L. - Dec 21, 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: Dec 21, 2021
Transactions value $: -$109,611
Form type: 4
Date filed: 12/23/2021, 03:36 PM
Previous filing: Jun 10, 2021
Next filing: Jun 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMTB	Class B Common Stock	Other	$0	-473K	-100%	$0.00^*	0	Nov 18, 2021	See footnote	F1, F2
transaction	AMTB	Class A Common Stock	Other	$0	+449K	+77.88%	$0.00	1.03M	Nov 18, 2021	See footnote	F1, F2
transaction	AMTB	Class A Common Stock	Options Exercise	$0	+3.21K		$0.00	3.21K	Dec 21, 2021	Direct
transaction	AMTB	Class A Common Stock	Disposed to Issuer	-$110K	-3.21K	-100%	$34.20	0	Dec 21, 2021	Direct	F3

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	-3.21K	-100%	$0.00^*	0	Dec 21, 2021	Class A Common Stock	3.21K	$0.00	Direct	F4, F5

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

Explanation of Responses:

Id	Content
F1	Pursuant to a merger completed by the Issuer on November 18, 2021, exempt under Rule 16b-7, each share of Class B Common Stock was automatically converted to 0.95 of a share of Class A common stock.
F2	These shares consist of shares held by certain trusts and companies under common control by and/or for the benefit of certain members of the Capriles family.
F3	The restricted stock units that vested were settled in cash based on the closing price of the Class A Common Stock on December 21, 2021.
F4	Each restricted stock unit is the economic equivalent of one share of Class A Common Stock.
F5	On December 21, 2018, the reporting person was granted 9,615 cash-settled restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.