Form 4 for AMTB Amerant Bancorp Inc.
Accepted 2024-02-21 00:00:00 ET · period of report 2024-02-16 · accession 0001746225-24-000002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-02-21 | 2024-02-16 | AMTB | Capriles Alberto | SEVP CRO | F - Tax | $22.49 | -6,294 | 30.1K | -17% | -$141.6K |
| DM | 2024-02-21 | 2024-02-16 | AMTB | Capriles Alberto | SEVP CRO | M - OptEx | $0.00 | +16.0K | 36.4K | +78% | $0 |
| DM | 2024-02-21 | 2024-02-16 | AMTB | Capriles Alberto | SEVP CRO | M - OptEx | $0.00 | -16.0K | 3,146 | -84% | $0 |
| DM | 2024-02-21 | 2024-02-16 | AMTB | Capriles Alberto | SEVP CRO | A - Grant | $0.00 | +15.6K | 6,249 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-02-16 | F | D | 6,294 | $22.49 | 30,081.01 | D | — | — | (F4) 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 and PSUs. |
| 2 | Common | Class A Common Stock | 2024-02-16 | M | A | 5,129 | $0.00 | 25,512.01 | D | — | — | (F1) Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock. (F2) Includes 428.65 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on November 30, 2023. |
| 3 | Common | Class A Common Stock | 2024-02-16 | M | A | 10,863 | $0.00 | 36,375.01 | D | — | — | (F3) Each performance-based restricted stock unit ("PSU") is the economic equivalent of one share of Class A Common Stock. |
| 4 | Derivative | Restricted Stock Units LTI 2021 | 2024-02-16 | M | D | 2,340 | $0.00 | 0 | D | $0.00 · — to — | 2,340 Class A Common Stock | (F1) Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock. (F5) On February 16, 2021, Mr. Capriles was awarded 7,019 RSUs, each representing 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. Capriles remains in the continuous service of the Company or a subsidiary through each such date. |
| 5 | Derivative | Restricted Stock Units LTI 2022 | 2024-02-16 | M | D | 1,217 | $0.00 | 1,217 | D | $0.00 · — to — | 1,217 Class A Common Stock | (F1) Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock. (F6) On February 16, 2022, Mr. Capriles was awarded 3,650 RSUs, each representing 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. Capriles remains in the continuous service of the Company or a subsidiary through each such date. |
| 6 | Derivative | Performance Based Restricted Stock Units LTI 2024 | 2024-02-16 | A | A | 9,373 | $0.00 | 9,373 | D | $0.00 · — to — | 9,373 Class A Common Stock | (F3) Each performance-based restricted stock unit ("PSU") is the economic equivalent of one share of Class A Common Stock. (F10) PSUs awarded to Mr. Capriles, each representing the right to receive, following vesting, one share of Class A Common Stock. The actual number of PSUs 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, 2024 and ending on December 31, 2026, and in general can range from 50% to 150% of the PSUs. The number reported reflects the maximum number of PSUs Mr. Capriles may earn. |
| 7 | Derivative | Performance Based Restricted Stock Units LTI 2021 | 2024-02-16 | M | D | 10,863 | $0.00 | 0 | D | $0.00 · — to — | 10,863 Class A Common Stock | (F3) Each performance-based restricted stock unit ("PSU") is the economic equivalent of one share of Class A Common Stock. (F8) Represents PSUs that have vested and settled in shares of Class A Common Stock. Pursuant to the terms of the award, the total includes 150% of the original award plus shares equivalent in value to accumulated dividends. The vesting of these PSUs was based on the issuer's relative total shareholder return for the 3-year period beginning January 1, 2021 and ended on December 31, 2023. |
| 8 | Derivative | Restricted Stock Units LTI 2024 | 2024-02-16 | A | A | 6,249 | $0.00 | 6,249 | D | $0.00 · — to — | 6,249 Class A Common Stock | (F1) Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock. (F9) On February 16, 2024, Mr. Capriles was awarded 6,249 RSUs, each representing 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. Capriles remains in the continuous service of the Company or a subsidiary through each such date. |
| 9 | Derivative | Restricted Stock Units LTI 2023 | 2024-02-16 | M | D | 1,572 | $0.00 | 3,146 | D | $0.00 · — to — | 1,572 Class A Common Stock | (F1) Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock. (F7) On February 16, 2023, Mr. Capriles was awarded 4,718 RSUs, each representing 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. Capriles remains in the continuous service of the Company or a subsidiary through each such date. |