Carlos Iafigliola - May 31, 2024 Form 4 Insider Report for Amerant Bancorp Inc. (AMTB)

Role
SEVP Chief Operating Officer
Signature
/s/ Julio V. Pena, as Attorney-in-Fact for Carlos Iafigliola
Stock symbol
AMTB
Transactions as of
May 31, 2024
Transactions value $
$2,100
Form type
4
Date filed
6/17/2024, 05:51 PM
Previous filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMTB Class A Common Stock Award $2.1K +113 +1.13% $18.61 10.1K May 31, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the Issuer's 2021 Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of December 1, 2023 through May 31, 2024. This transaction is exempt under Rule 16b-3(c).
F2 In accordance with the terms of the ESPP, the purchase price of these shares was 85% of the closing price of the Issuer's common stock on December 1, 2023.
F3 Includes 27 shares that were received by the reporting person as dividend equivalent shares in connection with the vesting of Performance Based Restricted Stock Units ("PSUs") on February 16, 2024, in accordance with the terms of the applicable PSUs award agreement. The dividend was approved by the Board of Directors on January 17, 2024 and paid on February 29, 2024 to all holders of record at the close of business on February 14, 2024.