Levine Howard A. 4
4 · Amerant Bancorp Inc. · Filed Jun 12, 2023
Insider Transaction Report
Form 4
Levine Howard A.
See remarks
Transactions
- Tax Payment
Class A Common Stock
2023-06-08$20.55/sh−421$8,652→ 2,504 total - Exercise/Conversion
Class A Common Stock
2023-06-08+1,725→ 2,925 total - Exercise/Conversion
Restricted Stock Units
2023-06-08−1,725→ 3,450 totalExercise: $0.00→ Class A Common Stock (1,725 underlying)
Footnotes (3)
- [F1]Each restricted stock unit is the economic equivalent of one share of Class A Common Stock.
- [F2]This number 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 1,725 restricted stock units.
- [F3]On June 8, 2022, Mr. Levine was awarded 5,175 restricted stock units. Each restricted stock unit represents the right to receive, following vesting, one share of Class A Common Stock. The restricted stock units 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.