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 | +20.4K | $0.00 | 20.4K | Apr 17, 2023 | Class A Common Stock | 20.4K | $0.00 | Direct | F1, F2 | |
transaction | AMTB | Restricted Stock Units LTI 2023 | Award | $0 | +9.06K | $0.00 | 9.06K | Apr 17, 2023 | Class A Common Stock | 9.06K | $0.00 | Direct | F1, F3 | |
transaction | AMTB | Performance Based Restricted Stock Units LTI 2023 | Award | $0 | +13.6K | $0.00 | 13.6K | Apr 17, 2023 | Class A Common Stock | 13.6K | $0.00 | Direct | F4, F5 |
Id | Content |
---|---|
F1 | Each restricted stock unit is the economic equivalent of one share of Class A Common Stock. |
F2 | On April 17, 2023, Mr. Esterripa was awarded 20,356 restricted stock units in connection with a sign-on grant related to Mr. Esterripa's appointment as Senior Executive Vice-President and Head of Commercial Banking. 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. Esterripa remains in the continuous service of the Company or a subsidiary through each such date. |
F3 | On April 17, 2023, Mr. Esterripa was awarded 9,064 restricted stock units under the 2023-2025 Long Term Incentive Plan, a sub-plan of the 2018 Equity and Incentive Compensation Plan. 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. Esterripa remains in the continuous service of the Company or a subsidiary through each such date. |
F4 | Each performance based restricted stock unit is the economic equivalent of one share of Class A Common Stock. |
F5 | Performance-based restricted stock units awarded to Mr. Esterripa under the 2023-2025 Long Term Incentive Plan, a sub-plan of the 2018 Equity and Incentive Compensation Plan. Each performance-based restricted stock unit represents the right to receive, following vesting, one share of Class A common stock. The actual number of performance-based restricted stock units earned shall be based on the achievement of the Relative Total Shareholder Return at a Threshold, Target or Maximum level set by the Compensation and Human Capital Committee for a 3-year period beginning January 1, 2023 and ending on December 31, 2025, and in general can range from 50% of the performance based restricted stock units to 150% of the performance based restricted stock units. The number of performance based restricted stock units reported reflects the maximum number of performance based restricted stock units Mr. Esterripa may earn at the end of the performance period. |
Senior Executive Vice-President and Head of Commercial Banking