Armando Fleitas - May 9, 2023 Form 4 Insider Report for Amerant Bancorp Inc. (AMTB)

Role
Executive Vice President and Chief Accounting Officer
Signature
/s/ Julio V. Pena, as Attorney-in-Fact for Armando Fleitas
Stock symbol
AMTB
Transactions as of
May 9, 2023
Transactions value $
$0
Form type
4
Date filed
5/10/2023, 05:23 PM
Previous filing
Feb 21, 2023
Next filing
Jul 31, 2023

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 +2.5K $0.00 2.5K May 9, 2023 Class A Common Stock 2.5K $0.00 Direct F1, F2
* 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 9, 2023, Mr. Fleitas was awarded 2,500 restricted stock units in connection with his promotion to Executive Vice President. Each restricted stock unit represents the right to receive, following vesting, one share of Class A Common Stock. The restricted stock units will vest in substantially equal installments on each of the first three anniversaries of the date of grant, provided that Mr. Fleitas remains in the continuous service of the Company or a subsidiary through each such date.

Remarks:

Executive Vice President and Chief Accounting Officer