Howard A. Levine - 10 Jun 2024 Form 4 Insider Report for Amerant Bancorp Inc. (AMTB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Jun 2024, 17:08:42 UTC
Prior SEC filing
21 Feb 2024
Next SEC filing
04 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Julio V. Pena, as Attorney-in-Fact for Howard A. Levine

Key filing fact

Howard A. Levine filed Form 4 for Amerant Bancorp Inc. (AMTB) on 12 Jun 2024.

Key facts

  • This page summarizes Howard A. Levine's Form 4 filing for Amerant Bancorp Inc. (AMTB).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 12 Jun 2024, 17:08.

Change

  • Previous filing in this sequence was filed on 21 Feb 2024.
  • Current net transaction value: -$8,984.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

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
+1,725
Change %
+33%
Price
$0.000000
Shares after
6,906
Date
10 Jun 2024
Ownership
Direct
Footnotes
F1, F2
AMTB transaction

Class A Common Stock

Tax liability

Transaction value
$8,984
Shares
-421
Change %
-6.1%
Price
$21.34
Shares after
6,485
Date
10 Jun 2024
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AMTB transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,725
Change %
-50%
Price
$0.000000
Shares after
1,725
Date
10 Jun 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,725
Exercise price
$0.000000
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.

Footnote F2

Includes 726.07 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on May 31, 2024.

Footnote F3

Reflects 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 RSUs.

Footnote F4

On June 8, 2022, Mr. Levine was awarded 5,175 RSUs. Each RSU represents the right to receive, following vesting, one share of Class A Common Stock. The RSUs vest in substantially equal installments on each of the first three anniversaries of the date of grant, provided that Mr. Levine remains in the continuous service of the Company or a subsidiary through each such date. Since the second anniversary of the date of grant was on Saturday, June 8, 2024, the vesting ocurred on Monday, June 10, 2024, the next business day.

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