Vollmer A. Gustavo J - Dec 13, 2021 Form 4 Insider Report for Amerant Bancorp Inc. (AMTB)

Role
Director
Signature
/s/ Julio V. Pena, as Attorney-in-Fact for Gustavo J. Vollmer A.
Stock symbol
AMTB
Transactions as of
Dec 13, 2021
Transactions value $
-$120,786
Form type
4
Date filed
12/15/2021, 04:09 PM
Previous filing
Jun 10, 2021
Next filing
Dec 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMTB Class B Common Stock Other $0 -8.66 -100% $0.00* 0 Nov 18, 2021 Direct F1
transaction AMTB Class A Common Stock Other $0 +8 +1.47% $0.00 553 Nov 18, 2021 Direct F1
transaction AMTB Class B Common Stock Other $0 -61.8K -100% $0.00* 0 Nov 18, 2021 See footnote F1, F2
transaction AMTB Class A Common Stock Other $0 +58.7K +7.74% $0.00 817K Nov 18, 2021 See footnote F1, F2
transaction AMTB Class A Common Stock Sale -$78.7K -2.63K -0.32% $29.93 815K Dec 13, 2021 See footnote F2, F3, F4
transaction AMTB Class A Common Stock Sale -$42.1K -1.37K -0.17% $30.70 813K Dec 14, 2021 See footnote F2, F5, F6
* 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 entities and companies under common control by and/or for the benefit of certain members of the Vollmer family, as well as shares owned by Mr. Vollmer's spouse.
F3 Inversiones Aefeve, C.A., a corporation of which Mr. Gustavo J. Vollmer A. is a 10% beneficial owner, sold 26,300 shares of Class A Common Stock. The 2,630 shares of Class A Common Stock reported reflect Mr. Vollmer's 10% beneficial ownership of Inversiones Aefeve, C.A.
F4 On December 13, 2021, Inversiones Aefeve, C.A. sold 26,300 shares of Class A Common Stock in multiple transactions at actual sales prices ranging from $29.75 to $30.175 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F5 Inversiones Aefeve, C.A. sold 13,700 shares of Class A Common Stock. The 1,370 shares of Class A Common Stock reported reflect Mr. Vollmer's 10% beneficial ownership of Inversiones Aefeve, C.A.
F6 On December 14, 2021, Inversiones Aefeve, C.A. sold 13,700 shares of Class A Common Stock in multiple transactions at actual sales prices ranging from $30.28 to $31.15 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.