4//SEC Filing
Sanchez Mariola 4
Accession 0001963089-25-000002
CIK 0001734342other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:55 PM ET
Size
17.0 KB
Accession
0001963089-25-000002
Insider Transaction Report
Form 4
Sanchez Mariola
SEVP Chief People Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2025-02-18+2,928→ 16,655.8 total - Tax Payment
Class A Common Stock
2025-02-18$23.84/sh−1,018$24,269→ 15,637.8 total - Exercise/Conversion
Restricted Stock Units LTI 2024
2025-02-18−1,699→ 3,398 totalExercise: $0.00→ Class A Common Stock (1,699 underlying) - Award
Restricted Stock Units LTI 2025
2025-02-18+5,222→ 5,222 totalExercise: $0.00→ Class A Common Stock (5,222 underlying) - Award
Performance Based Restricted Stock Units LTI 2025
2025-02-18+5,222→ 5,222 totalExercise: $0.00→ Class A Common Stock (5,222 underlying) - Exercise/Conversion
Restricted Stock Units LTI 2023
2025-02-18−1,229→ 1,229 totalExercise: $0.00→ Class A Common Stock (1,229 underlying)
Footnotes (8)
- [F1]Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
- [F2]Includes 436.94 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on November 29, 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 restricted stock and RSUs.
- [F4]On February 16, 2023, Mrs. Sanchez was awarded 3,686 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 Mrs. Sanchez remains in the continuous service of the Company or a subsidiary through each such date.
- [F5]On February 16, 2024, Mrs. Sanchez was awarded 5,097 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 Mrs. Sanchez remains in the continuous service of the Company or a subsidiary through each such date.
- [F6]On February 18, 2025, Mrs. Sanchez was awarded 5,222 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 Mrs. Sanchez remains in the continuous service of the Company or a subsidiary through each such date.
- [F7]Each performance-based restricted stock unit ("PSU") is the economic equivalent of one share of Class A Common Stock.
- [F8]PSUs awarded to Mrs. Sanchez, 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 Adjusted Return on Average Total Common Equity at a Threshold, Target or Maximum level set by the Compensation and Human Capital Committee (the "Committee") futher modified by the achievement of specified Threshold, Target or Maximum levels set by the Committee of Relative Total Shareholder Return for a 3-year period beginning January 1, 2025 and ending on December 31, 2027, and in general can range from 40% to 180% of the PSUs. The number reported reflects the target number of PSUs Mrs. Sanchez may earn.
Documents
Issuer
Amerant Bancorp Inc.
CIK 0001734342
Entity typeother
Related Parties
1- filerCIK 0001963089
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:55 PM ET
- Size
- 17.0 KB