Silvio Marshall Martin - 01 Mar 2024 Form 4 Insider Report for Amerant Bancorp Inc. (AMTB)

Signature
/s/ Julio V. Pena, as Attorney-in-Fact for Silvio Marshall Martin
Issuer symbol
AMTB
Transactions as of
01 Mar 2024
Net transactions value
-$2,133
Form type
4
Filing time
12 Mar 2024, 17:47:35 UTC
Previous filing
21 Feb 2024
Next filing
12 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMTB Class A Common Stock Small acquisition under Rule 16a-6 $137 +7 +0.1% $20.80 6,931 01 Mar 2024 Direct F1
transaction AMTB Class A Common Stock Options Exercise $0 +416 +6% $0.000000 7,347 08 Mar 2024 Direct F2
transaction AMTB Class A Common Stock Tax liability $2,271 -102 -1.4% $22.26 7,245 08 Mar 2024 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 -416 -14% $0.000000 2,501 08 Mar 2024 Class A Common Stock 416 $0.000000 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired under a dividend reinvestment plan that is sponsored by the broker-dealer where the reporting person maintains a personal brokerage account.
F2 Each restricted stock unit is the economic equivalent of one share of Class A Common Stock.
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 RSUs.
F4 On March 8, 2023, Mr. Martin was awarded 1,250 restricted stock units. Each restricted stock unit represents 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. Martin remains in the continuous service of the Company or a subsidiary through each such date.