Gustavo Marturet - Jun 4, 2021 Form 4 Insider Report for Amerant Bancorp Inc. (AMTB)

Role
Director
Signature
/s/ Julio V. Pena, as Attorney-in-Fact for Gustavo Marturet M.
Stock symbol
AMTB
Transactions as of
Jun 4, 2021
Transactions value $
-$88,242
Form type
4
Date filed
6/10/2021, 06:12 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 +1486.8% $0.00 3.97K Jun 4, 2021 Direct F1
transaction AMTB Class A Common Stock Award -$88.2K -3.72K -93.7% $23.74 250 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. Marturet 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.