4//SEC Filing
Capriles Alberto 4
Accession 0001746225-23-000002
CIK 0001734342other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 6:00 PM ET
Size
17.4 KB
Accession
0001746225-23-000002
Insider Transaction Report
Form 4
Capriles Alberto
SEVP Chief Risk Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2023-02-16+3,556→ 20,954.36 total - Tax Payment
Class A Common Stock
2023-02-16$28.93/sh−1,400$40,502→ 19,554.36 total - Exercise/Conversion
Restricted Stock Units LTI 2022
2023-02-16−1,216→ 2,434 totalExercise: $0.00→ Class A Common Stock (1,216 underlying) - Exercise/Conversion
Restricted Stock Units LTI 2021
2023-02-16−2,340→ 2,340 totalExercise: $0.00→ Class A Common Stock (2,340 underlying) - Award
Restricted Stock Units LTI 2023
2023-02-16+4,718→ 4,718 totalExercise: $0.00→ Class A Common Stock (4,718 underlying) - Award
Performance Based Restricted Stock Units LTI 2023
2023-02-16+7,077→ 7,077 totalExercise: $0.00→ Class A Common Stock (7,077 underlying)
Footnotes (7)
- [F1]Each restricted stock unit is the economic equivalent of one share of Class A Common Stock.
- [F2]This number reflects an aggregate of 1,400 shares of Class A Common Stock that were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of the restricted stock units.
- [F3]On February 16, 2021, Mr. Capriles was awarded 7,019 restricted stock units under the 2021-2023 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. Capriles remains in the continuous service of the Company or a subsidiary through each such date.
- [F4]On February 16, 2022, Mr. Capriles was awarded 3,650 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. Capriles remains in the continuous service of the Company or a subsidiary through each such date.
- [F5]On February 16, 2023, Mr. Capriles was awarded 4,718 restricted stock units under the 2023-2025 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. Capriles remains in the continuous service of the Company or a subsidiary through each such date.
- [F6]Each performance based restricted stock unit is the economic equivalent of one share of Class A Common Stock.
- [F7]Performance based restricted stock units awarded to Mr. Capriles under the 2023-2025 Long Term Incentive Plan, a sub-plan of the 2018 Equity and Incentive Compensation Plan. 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 and Human Capital Committee for a 3-year period beginning January 1, 2023 and ending on December 31, 2025, 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 reflects the maximum number of performance based restricted stock units Mr. Capriles may earn at the end of the performance period.
Documents
Issuer
Amerant Bancorp Inc.
CIK 0001734342
Entity typeother
Related Parties
1- filerCIK 0001746225
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 6:00 PM ET
- Size
- 17.4 KB