Mariola Sanchez - Jan 18, 2023 Form 3 Insider Report for Amerant Bancorp Inc. (AMTB)

Signature
/s/ Julio V. Pena, as Attorney-in-Fact for Mariola Sanchez
Stock symbol
AMTB
Transactions as of
Jan 18, 2023
Transactions value $
$0
Form type
3
Date filed
1/26/2023, 04:22 PM
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AMTB Class A Common Stock 11.8K Jan 18, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 5,402 shares of unvested restricted stock awarded to Mrs. Sanchez consisting of 2,090 shares of restricted stock that correspond to the remaining unvested shares of a 3,134 restricted stock award granted to Mrs. Sanchez on February 16, 2021 under the 2021-2023 Long Term Incentive Plan; 1,500 shares of restricted stock that correspond to an award granted to Mrs. Sanchez on February 16, 2022 under the 2022-2024 Long Term Incentive Plan; and 1,812 shares of restricted stock that correspond to an award granted to Mrs. Sanchez on June 15, 2022 in connection with her promotion to Chief People Officer. All of these awards vest in substantially equal installments on each of the first three anniversaries of the date of grant, provided that Mrs. Sanchez remains in the continuous service of the Company or a subsidiary through each such date.

Remarks:

Mrs. Mariola Sanchez, Executive Vice-President and Chief People Officer, was appointed by the Board of Directors as member of the Issuer's Executive Management Committee on January 18, 2023. A power of attorney for Section 16 reporting obligations is attached as Exhibit 24.