Capriles Alberto 4

Accession 0001746225-24-000002

CIK 0001734342other

View on SEC.gov Company Profile

Filed

Feb 20, 7:00 PM ET

Accepted

Feb 21, 5:43 PM ET

Size

23.2 KB

Accession

0001746225-24-000002

Insider Transaction Report

Form 4

Period: 2024-02-16

Amerant Bancorp Inc.AMTB

Capriles Alberto

SEVP Chief Risk Officer

Transactions

Exercise/Conversion
Restricted Stock Units LTI 2022
2024-02-16−1,217→ 1,217 total
Exercise: $0.00→ Class A Common Stock (1,217 underlying)
Tax Payment
Class A Common Stock
2024-02-16$22.49/sh−6,294$141,552→ 30,081.01 total
Exercise/Conversion
Performance Based Restricted Stock Units LTI 2021
2024-02-16−10,863→ 0 total
Exercise: $0.00→ Class A Common Stock (10,863 underlying)
Award
Restricted Stock Units LTI 2024
2024-02-16+6,249→ 6,249 total
Exercise: $0.00→ Class A Common Stock (6,249 underlying)
Exercise/Conversion
Class A Common Stock
2024-02-16+5,129→ 25,512.01 total
Exercise/Conversion
Class A Common Stock
2024-02-16+10,863→ 36,375.01 total
Exercise/Conversion
Restricted Stock Units LTI 2021
2024-02-16−2,340→ 0 total
Exercise: $0.00→ Class A Common Stock (2,340 underlying)
Exercise/Conversion
Restricted Stock Units LTI 2023
2024-02-16−1,572→ 3,146 total
Exercise: $0.00→ Class A Common Stock (1,572 underlying)
Award
Performance Based Restricted Stock Units LTI 2024
2024-02-16+9,373→ 9,373 total
Exercise: $0.00→ Class A Common Stock (9,373 underlying)

Footnotes (10)

[F1]Each restricted stock unit ("RSU") 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.
[F2]Includes 428.65 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on November 30, 2023.
[F3]Each performance-based restricted stock unit ("PSU") is the economic equivalent of one share of Class A Common Stock.
[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.
[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.
[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.
[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.
[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.
[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.

Documents

1 file

4
wk-form4_1708555387.xmlPrimary
FORM 4

Issuer

Amerant Bancorp Inc.

CIK 0001734342

→

Entity typeother

Related Parties

filerCIK 0001746225

Filing Metadata

Form type: 4
Filed: Feb 20, 7:00 PM ET
Accepted: Feb 21, 5:43 PM ET
Size: 23.2 KB

View on SEC.gov