Armando Fleitas - 18 Feb 2025 Form 4 Insider Report for Amerant Bancorp Inc. (AMTB)

Role
EVP, Chief Accounting Officer
Signature
/s/ Julio V. Pena, as Attorney-in-Fact for Armando Fleitas
Issuer symbol
AMTB
Transactions as of
18 Feb 2025
Net transactions value
-$18,857
Form type
4
Filing time
20 Feb 2025, 17:02:07 UTC
Previous filing
17 Jun 2024
Next filing
13 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMTB Class A Common Stock Options Exercise $0 +1,666 +29% $0.000000 7,404 18 Feb 2025 Direct F1, F2
transaction AMTB Class A Common Stock Tax liability $18,857 -791 -11% $23.84 6,613 18 Feb 2025 Direct F3

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 LTI 2023 Options Exercise $0 -833 -50% $0.000000 834 18 Feb 2025 Class A Common Stock 833 $0.000000 Direct F1, F4
transaction AMTB Restricted Stock Units LTI 2024 Options Exercise $0 -833 -33% $0.000000 1,667 18 Feb 2025 Class A Common Stock 833 $0.000000 Direct F1, F5
transaction AMTB Restricted Stock Units LTI 2025 Award $0 +2,500 $0.000000 2,500 18 Feb 2025 Class A Common Stock 2,500 $0.000000 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
F2 Includes 69.01 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on November 29, 2024.
F3 Reflects the shares of Class A Common Stock that were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock and RSUs.
F4 On February 16, 2023, Mr. Fleitas was awarded 2,500 RSUs, each representing the right to receive, following vesting, one share of Class A Common Stock. The award vests 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.
F5 On February 16, 2024, Mr. Fleitas was awarded 2,500 RSUs, each representing the right to receive, following vesting, one share of Class A Common Stock. The award vests 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.
F6 On February 18, 2025, Mr. Fleitas was awarded 2,500 RSUs, each representing the right to receive, following vesting, one share of Class A Common Stock. The award vests 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.