Mariola Sanchez - May 31, 2023 Form 4 Insider Report for Amerant Bancorp Inc. (AMTB)

Role
SEVP Chief People Officer
Signature
/s/ Julio V. Pena, as Attorney-in-Fact for Mariola Sanchez
Stock symbol
AMTB
Transactions as of
May 31, 2023
Transactions value $
$12,000
Form type
4
Date filed
7/31/2023, 05:31 PM
Previous filing
Feb 21, 2023
Next filing
Jun 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMTB Class A Common Stock Award $12K +800 +7.07% $15.00 12.1K May 31, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ms. Sanchez 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, 2022 through May 31, 2023. 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 May 31, 2023.