Form 4 for AMTB Amerant Bancorp Inc.
Accepted 2024-06-12 00:00:00 ET · period of report 2024-06-10 · accession 0001933821-24-000004 · 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 | 2024-06-12 | 2024-06-10 | AMTB | Levine Howard A. | SEVP Head of Consumer Banking | F - Tax | $21.34 | -421 | 6,485 | -6% | -$8,984 |
| D | 2024-06-12 | 2024-06-10 | AMTB | Levine Howard A. | SEVP Head of Consumer Banking | M - OptEx | $0.00 | +1,725 | 6,906 | +33% | $0 |
| D | 2024-06-12 | 2024-06-10 | AMTB | Levine Howard A. | SEVP Head of Consumer Banking | M - OptEx | $0.00 | -1,725 | 1,725 | -50% | $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 | 2024-06-10 | F | D | 421 | $21.34 | 6,485.36 | D | — | — | (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. |
| 2 | Common | Class A Common Stock | 2024-06-10 | M | A | 1,725 | $0.00 | 6,906.36 | D | — | — | (F1) Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock. (F2) Includes 726.07 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on May 31, 2024. |
| 3 | Derivative | Restricted Stock Units | 2024-06-10 | M | D | 1,725 | $0.00 | 1,725 | D | $0.00 · — to — | 1,725 Class A Common Stock | (F1) Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock. (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. |