Vollmer A. Gustavo J - Jun 9, 2022 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: Jun 9, 2022
Transactions value $: -$61,830
Form type: 4
Date filed: 6/10/2022, 04:20 PM
Previous filing: Feb 22, 2022
Next filing: Nov 1, 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	+2.19K	+396.2%	$0.00	2.74K	Jun 9, 2022	Direct	F1
transaction	AMTB	Class A Common Stock	Disposed to Issuer	-$61.8K	-2.19K	-79.85%	$28.22	553	Jun 9, 2022	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	-2.19K	-100%	$0.00^*	0	Jun 9, 2022	Class A Common Stock	2.19K	$0.00	Direct	F1, F3
transaction	AMTB	Restricted Stock Units	Award	$0	+1.73K		$0.00	1.73K	Jun 9, 2022	Class A Common Stock	1.73K	$0.00	Direct	F1, 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 9, 2022.
F3	On June 9, 2021, the reporting person was granted 2,191 cash-settled restricted stock units vesting on the first anniversary of the grant date.
F4	On June 9, 2022, Mr. Vollmer was awarded 1,725 restricted stock units. Each restricted stock unit represents the right to receive, following vesting, one share of Class A Common Stock. The 1,725 restricted stock units will vest on the last business day preceding the Company's 2023 annual meeting, provided that Mr. Vollmer remains in the continuous service of the Company through such date.