Form 4 for AMTB Amerant Bancorp Inc.
Accepted 2024-02-21 00:00:00 ET · period of report 2024-02-16 · accession 0001979297-24-000002 · 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 | Calderon Sharymar | EVP - CFO | F - Tax | $22.49 | -406 | 4,564 | -8% | -$9,131 |
| D | 2024-02-21 | 2024-02-16 | AMTB | Calderon Sharymar | EVP - CFO | M - OptEx | $0.00 | +833 | 4,970 | +20% | $0 |
| D | 2024-02-21 | 2024-02-16 | AMTB | Calderon Sharymar | EVP - CFO | M - OptEx | $0.00 | -833 | 7,973 | -9% | $0 |
| DM | 2024-02-21 | 2024-02-16 | AMTB | Calderon Sharymar | EVP - CFO | A - Grant | $0.00 | +16.7K | 10.0K | 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 | 406 | $22.49 | 4,563.80 | 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 restricted stock and RSUs. |
| 2 | Common | Class A Common Stock | 2024-02-16 | M | A | 833 | $0.00 | 4,969.80 | D | — | — | (F1) Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock. (F2) Includes 68.58 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on November 30, 2023. |
| 3 | Derivative | Restricted Stock Units LTI 2023 | 2024-02-16 | M | D | 833 | $0.00 | 7,973 | D | $0.00 · — to — | 833 Class A Common Stock | (F5) Balance also includes 6,306 unvested Restricted Stock Units awarded to Ms. Calderon on June 1, 2023. (F1) Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock. (F4) On February 16, 2023, Ms. Calderon was awarded 2,500 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 Ms. Calderon remains in the continuous service of the Company or a subsidiary through each such date. |
| 4 | Derivative | Restricted Stock Units LTI 2024 | 2024-02-16 | A | A | 6,669 | $0.00 | 6,669 | D | $0.00 · — to — | 6,669 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, 2024, Ms. Calderon was awarded 6,669 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 Ms. Calderon remains in the continuous service of the Company or a subsidiary through each such date. |
| 5 | Derivative | Performance Based Restricted Stock Units LTI 2024 | 2024-02-16 | A | A | 10,005 | $0.00 | 10,005 | D | $0.00 · — to — | 10,005 Class A Common Stock | (F7) Each performance-based restricted stock unit is the economic equivalent of one share of Class A Common Stock. (F8) PSUs awarded to Ms. Calderon, 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 Ms. Calderon may earn. |