Silvio Marshall Martin - 31 Aug 2023 Form 4 Insider Report for Amerant Bancorp Inc. (AMTB)

Role: EVP & Chief Legal Officer
Signature: /s/ Julio V. Pena, as Attorney-in-Fact for Silvio Marshall Martin
Issuer symbol: AMTB
Transactions as of: 31 Aug 2023
Net transactions value: -$4,293
Form type: 4
Filing time: 21 Feb 2024, 17:27:05 UTC
Previous filing: 31 Jul 2023
Next filing: 12 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMTB	Class A Common Stock	Small acquisition under Rule 16a-6	$136	+7	+0.11%	$18.91	6,288	31 Aug 2023	Direct	F1, F2
transaction	AMTB	Class A Common Stock	Small acquisition under Rule 16a-6	$137	+6	+0.1%	$21.06	6,294	30 Nov 2023	Direct	F1
transaction	AMTB	Class A Common Stock	Options Exercise	$0	+833	+13%	$0.000000	7,127	16 Feb 2024	Direct	F3
transaction	AMTB	Class A Common Stock	Tax liability	$4,565	-203	-2.8%	$22.49	6,924	16 Feb 2024	Direct	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AMTB	Restricted Stock Units LTI 2023	Options Exercise	$0	-833	-22%	$0.000000	2,917	16 Feb 2024	Class A Common Stock	833	$0.000000	Direct	F3, F5
transaction	AMTB	Restricted Stock Units LTI 2024	Award	$0	+9,000		$0.000000	9,000	16 Feb 2024	Class A Common Stock	9,000	$0.000000	Direct	F3, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were acquired under a dividend reinvestment plan that is sponsored by the broker-dealer where the reporting person maintains a personal brokerage account.
F2	Includes 827.29 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on November 30, 2023.
F3	Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
F4	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.
F5	On February 16, 2023, Mr. Martin 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 Mr. Martin remains in the continuous service of the Company or a subsidiary through each such date.
F6	On February 16, 2024, Mr. Martin was awarded 9,000 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 Mr. Martin remains in the continuous service of the Company or a subsidiary through each such date.