Key facts
- This page summarizes Alfonso Figueredo's Form 4 filing for Amerant Bancorp Inc. (AMTB).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 02 Jul 2021, 16:28.
Alfonso Figueredo - 30 Jun 2021 Form 4 Insider Report for Amerant Bancorp Inc. (AMTB)
- Reporting relationship
- Officer
- Issuer ticker
- AMTB
- Reported as of
- 30 Jun 2021
- Net transaction value
- -$25,934
- Reporting owner signature
- /s/ Julio V. Pena, as Attorney-in-Fact for Alfonso Figueredo
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Alfonso Figueredo filed Form 4 for Amerant Bancorp Inc. (AMTB) on 02 Jul 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$25,934.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AMTB
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +1,729
- Change %
- +2.2%
- Price
- $0.000000
- Shares after
- 81,879
- Date
- 30 Jun 2021
- Ownership
- Direct
- Footnotes
- F1
AMTB
transaction
Class A Common Stock
Tax liability
- Transaction value
- $25,934
- Shares
- -1,213
- Change %
- -1.7%
- Price
- $21.38
- Shares after
- 72,288
- Date
- 30 Jun 2021
- Ownership
- Direct
- Footnotes
- F2, F3, F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AMTB
transaction
Derivative
Performance Based Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -1,729
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 30 Jun 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,729
- Exercise price
- $0.000000
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Alfonso Figueredo is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
On February 16, 2021, Mr. Figueredo was awarded performance based restricted stock units ("PSUs") with an opportunity to earn a maximum of 14,594 PSUs, representing the right to receive, following vesting, one share of Class A common stock. The actual number of PSUs earned was subject to the achievement of the Relative Total Shareholder Return at a Threshold, Target or Maximum level set by the Compensation Committee for a 3-year period beginning January 1, 2021 and ending on December 31, 2023. On June 30, 2021, Mr. Figueredo retired from his position as President and Chief Operating Officer of the Company and, in accordance with the Performance Based Restricted Stock Unit Agreement dated February 16, 2021 by and between the Company and Mr. Figueredo, 1,729 PSUs vested on June 30, 2021 and Mr. Figueredo forfeited the opportunity to earn any additional PSUs.
Footnote F2
On February 16, 2021, Mr. Figueredo was awarded 9,729 time-based restricted stock units ("RSUs") under the 2021-2023 Long Term Incentive Plan. Each RSU represented the right to receive, following vesting, one share of Class A common stock. On June 30, 2021, Mr. Figueredo retired from his position as President and Chief Operating Officer of the Company and in accordance with the Restricted Stock Unit Agreement dated February 16, 2021 by and between the Company and Mr. Figueredo, 1,351 RSUs vested on June 30, 2021 and Mr. Figueredo forfeited 8,378 RSUs.
Footnote F3
This number reflects an aggregate of 1,213 shares of Class A Common Stock that were surrendered in order to satisfy the reporting person's tax withholding obligation upon the settlement of shares of class A Common Stock related to the vesting of PSUs and RSUs.
Footnote F4
The balance reflects the deduction of the 8,378 RSUs forfeited by Mr. Figueredo