InsiderTrades

Form 4 for AMTB Amerant Bancorp Inc.

Accepted 2022-02-18 00:00:00 ET · period of report 2022-02-16 · accession 0001368090-22-000002 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X Filed Traded Ticker Insider Title Type Price Qty Owned ΔOwn Value
DM 2022-02-18 2022-02-16 AMTB Plush Gerald P See remarks, Dir M - OptEx $0.00 +29.3K 33.2K +748% $0
DM 2022-02-18 2022-02-16 AMTB Plush Gerald P See remarks, Dir F - Tax $33.98 -11.5K 29.9K -28% -$391.8K
DM 2022-02-18 2022-02-16 AMTB Plush Gerald P See remarks, Dir M - OptEx $0.00 -29.3K 17.0K -63% $0
DM 2022-02-18 2022-02-16 AMTB Plush Gerald P See remarks, Dir A - Grant $0.00 +36.8K 14.7K New $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Class A Common Stock 2022-02-16 M A 20,792 $0.00 32,892 D — — (F1) Each restricted stock unit is the economic equivalent of one share of Class A Common Stock. (F2) As set forth in footnotes 5 and 7 below more fully, the reporting person had previously reported 87,902 restricted stock units in Table 1 of Form 4. The total reported in column 5 has been adjusted to subtract 58,602 restricted stock units that have not yet vested and are now being reported in Table II of Form 4.
2 Common Class A Common Stock 2022-02-16 F D 8,182 $33.98 24,710 D — — (F3) This number reflects an aggregate of 8,172 shares of Class A Common Stock that were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of 20,792 restricted stock units.
3 Common Class A Common Stock 2022-02-16 F D 3,348 $33.98 29,870 D — — (F4) This number reflects an aggregate of 3,348 shares of Class A Common Stock that were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of 8,508 restricted stock units.
4 Common Class A Common Stock 2022-02-16 M A 8,508 $0.00 33,218 D — — (F1) Each restricted stock unit is the economic equivalent of one share of Class A Common Stock.
5 Derivative Restricted Stock Units 2022-02-16 M D 20,792 $0.00 41,585 D $0.00 · — to — 20,792 Class A Common Stock (F5) On February 16, 2021, the reporting person was awarded 62,377 restricted stock units in connection with a sign-on grant related to the reporting person's appointment as Vice-Chairman and CEO. The 62,377 restricted stock units were originally reported by the reporting person in Table I of Form 4. 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. Plush remains in the continuous service of the Company or a subsidiary through each such date. (F1) Each restricted stock unit is the economic equivalent of one share of Class A Common Stock. (F6) On February 16, 2021, the reporting person was granted 62,377 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.
6 Derivative Performance Based Restricted Stock Units LTI 2022 2022-02-16 A A 22,072 $0.00 22,072 D $0.00 · — to — 22,072 Class A Common Stock (F9) Each Performance Based Restricted Stock Unit is the economic equivalent of one share of Class A Common Stock. (F13) 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 Committee for a 3-year period beginning January 1, 2022, and ending on December 31, 2024, 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 reflect the maximum number of performance-based restricted stock units Mr. Plush may earn at the end of the performance period.
7 Derivative Restricted Stock Units LTI 2022 2022-02-16 A A 14,714 $0.00 14,714 D $0.00 · — to — 14,714 Class A Common Stock (F1) Each restricted stock unit is the economic equivalent of one share of Class A Common Stock. (F12) On February 16, 2022 the reporting person was awarded 14,714 restricted stock units under the 2022-2024 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. Plush remains in the continuous service of the Company or a subsidiary through each such date.
8 Derivative Restricted Stock Units LTI 2021 2022-02-16 M D 8,508 $0.00 17,017 D $0.00 · — to — 8,508 Class A Common Stock (F7) On February 16, 2021 the reporting person was awarded 25,525 restricted stock units under the 2021-2023 Long Term Incentive Plan, a sub-plan of the 2018 Equity and Incentive Compensation Plan. The 25,525 restricted stock units were originally reported by the reporting person in Table I of Form 4. 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. Plush remains in the continuous service of the Company or a subsidiary through each such date. (F1) Each restricted stock unit is the economic equivalent of one share of Class A Common Stock. (F8) On February 16, 2021, the reporting person was granted 25,525 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.