Palacios Miguel 4
4 · Amerant Bancorp Inc. · Filed Dec 23, 2020
Insider Transaction Report
Form 4
Palacios Miguel
See Remarks
Transactions
- Tax Payment
Class A Common Stock
2020-12-21$14.73/sh−5,045$74,313→ 34,153.66 total - Disposition to Issuer
Class B Common Stock
2020-12-23$12.55/sh−52$653→ 0 total
Footnotes (2)
- [F1]This number reflects an aggregate of 5,045 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
- [F2]These shares were sold to Amerant Bancorp Inc. in a modified Dutch Auction tender offer to purchase for cash shares of Class B common stock that were accepted for purchase and settled on December 23, 2020. Mr. Palacios participated in the tender offer on the same terms as other shareholders and was paid the same price per share as other tendering shareholders.