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4//SEC Filing

Calderon Sharymar 4

Accession 0001979297-24-000002

CIK 0001734342other

Filed

Feb 20, 7:00 PM ET

Accepted

Feb 21, 5:40 PM ET

Size

14.5 KB

Accession

0001979297-24-000002

Insider Transaction Report

Form 4
Period: 2024-02-16
Calderon Sharymar
SEVP - Chief Financial Officer
Transactions
  • Award

    Restricted Stock Units LTI 2024

    2024-02-16+6,6696,669 total
    Exercise: $0.00Class A Common Stock (6,669 underlying)
  • Award

    Performance Based Restricted Stock Units LTI 2024

    2024-02-16+10,00510,005 total
    Exercise: $0.00Class A Common Stock (10,005 underlying)
  • Exercise/Conversion

    Restricted Stock Units LTI 2023

    2024-02-168337,973 total
    Exercise: $0.00Class A Common Stock (833 underlying)
  • Exercise/Conversion

    Class A Common Stock

    2024-02-16+8334,969.8 total
  • Tax Payment

    Class A Common Stock

    2024-02-16$22.49/sh406$9,1314,563.8 total
Footnotes (8)
  • [F1]Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
  • [F2]Includes 68.58 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on November 30, 2023.
  • [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, Ms. Calderon was awarded 2,500 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 Ms. Calderon remains in the continuous service of the Company or a subsidiary through each such date.
  • [F5]Balance also includes 6,306 unvested Restricted Stock Units awarded to Ms. Calderon on June 1, 2023.
  • [F6]On February 16, 2024, Ms. Calderon was awarded 6,669 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 Ms. Calderon remains in the continuous service of the Company or a subsidiary through each such date.
  • [F7]Each performance-based restricted stock unit is the economic equivalent of one share of Class A Common Stock.
  • [F8]PSUs awarded to Ms. Calderon, 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 Ms. Calderon may earn.

Issuer

Amerant Bancorp Inc.

CIK 0001734342

Entity typeother

Related Parties

1
  • filerCIK 0001979297

Filing Metadata

Form type
4
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 5:40 PM ET
Size
14.5 KB