Gustavo Marturet - May 8, 2024 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
May 8, 2024
Transactions value $
$0
Form type
4
Date filed
5/10/2024, 04:20 PM
Previous filing
Jun 9, 2023
Next filing
Jun 11, 2024

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 Award $0 +2.85K +98.69% $0.00 5.75K May 8, 2024 Class A Common Stock 2.85K $0.00 Direct F1, F2, F3
* 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 On May 8, 2024, the reporting person was granted 2,854 restricted stock units ("RSUs"). Such RSU award will vest on the first anniversary of the date of the grant, provided that the reporting person remains in continuous service of the Company as a Director through the annual meeting of the shareholders of the Company to be held in 2025. Each RSU represents a right to receive one share of Class A Common Stock upon vesting.
F3 Includes 2,892 RSUs granted on June 7, 2023, which will vest on the first anniversary of the date of the grant, as the reporting person remained in continuous service of the Company as a Director through the 2024 annual meeting of the shareholders of the Company.