Vollmer A. Gustavo J - Dec 21, 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 21, 2021
Transactions value $: -$109,611
Form type: 4
Date filed: 12/23/2021, 03:35 PM
Previous filing: Dec 15, 2021
Next filing: Feb 11, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMTB	Class A Common Stock	Options Exercise	$0	+3.21K	+579.57%	$0.00	3.76K	Dec 21, 2021	Direct
transaction	AMTB	Class A Common Stock	Disposed to Issuer	-$110K	-3.21K	-85.28%	$34.20	553	Dec 21, 2021	Direct	F1
holding	AMTB	Class A Common Stock						813K	Dec 21, 2021	See footnote	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	-3.21K	-100%	$0.00^*	0	Dec 21, 2021	Class A Common Stock	3.21K	$0.00	Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	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.
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	Each restricted stock unit is the economic equivalent of one share of Class A Common Stock.
F4	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.