Sharymar Calderon - Jul 27, 2023 Form 4 Insider Report for Amerant Bancorp Inc. (AMTB)

Signature
/s/ Julio V. Pena, as Attorney-in-Fact for Sharymar Calderon
Stock symbol
AMTB
Transactions as of
Jul 27, 2023
Transactions value $
-$2,636
Form type
4
Date filed
7/31/2023, 05:30 PM
Previous filing
Jun 5, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMTB Class A Common Stock Award $560 +37.3 +0.89% $15.00 4.23K May 31, 2023 Direct F1, F2
transaction AMTB Class A Common Stock Sale -$3.2K -159 -3.76% $20.10 4.07K Jul 27, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ms. Calderon 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.
F3 This number 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 the restricted stock.