Levine Howard A. 4
4 · Amerant Bancorp Inc. · Filed Jun 12, 2024
Insider Transaction Report
Form 4
Levine Howard A.
See remarks
Transactions
- Exercise/Conversion
Class A Common Stock
2024-06-10+1,725→ 6,906.36 total - Tax Payment
Class A Common Stock
2024-06-10$21.34/sh−421$8,984→ 6,485.36 total - Exercise/Conversion
Restricted Stock Units
2024-06-10−1,725→ 1,725 totalExercise: $0.00→ Class A Common Stock (1,725 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
- [F2]Includes 726.07 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on May 31, 2024.
- [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 RSUs.
- [F4]On June 8, 2022, Mr. Levine was awarded 5,175 RSUs. Each RSU represents the right to receive, following vesting, one share of Class A Common Stock. The RSUs 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. Since the second anniversary of the date of grant was on Saturday, June 8, 2024, the vesting ocurred on Monday, June 10, 2024, the next business day.