0001963089-24-000002.txt : 20240221
0001963089-24-000002.hdr.sgml : 20240221
20240221173612
ACCESSION NUMBER: 0001963089-24-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240216
FILED AS OF DATE: 20240221
DATE AS OF CHANGE: 20240221
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sanchez Mariola
CENTRAL INDEX KEY: 0001963089
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38534
FILM NUMBER: 24661240
MAIL ADDRESS:
STREET 1: 220 ALHAMBRA CR.
CITY: CORAL GABLES
STATE: FL
ZIP: 33134
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Amerant Bancorp Inc.
CENTRAL INDEX KEY: 0001734342
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 650032379
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 220 ALHAMBRA CIRCLE
CITY: CORAL GABLES
STATE: FL
ZIP: 33134
BUSINESS PHONE: (305)460-4038
MAIL ADDRESS:
STREET 1: 220 ALHAMBRA CIRCLE
CITY: CORAL GABLES
STATE: FL
ZIP: 33134
FORMER COMPANY:
FORMER CONFORMED NAME: Mercantil Bank Holding Corp
DATE OF NAME CHANGE: 20180312
4
1
wk-form4_1708554906.xml
FORM 4
X0508
4
2024-02-16
0
0001734342
Amerant Bancorp Inc.
AMTB
0001963089
Sanchez Mariola
220 ALHAMBRA CR.
CORAL GABLES
FL
33134
0
1
0
0
SEVP Chief People Officer
0
Class A Common Stock
2024-02-16
4
M
0
1228
0
A
13416.12
D
Class A Common Stock
2024-02-16
4
F
0
677
22.49
D
12739.12
D
Restricted Stock Units LTI 2023
0
2024-02-16
4
M
0
1228
0
D
Class A Common Stock
1228
2458
D
Restricted Stock Units LTI 2024
0
2024-02-16
4
A
0
5097
0
A
Class A Common Stock
5097
5097
D
Performance Based Restricted Stock Units LTI 2024
0
2024-02-16
4
A
0
7647
0
A
Class A Common Stock
7647
7647
D
Each restricted stock unit ("RSU") is the economic equivalent of one share of Class A Common Stock.
Includes 66.37 shares acquired under the Amerant Bancorp Inc. Employee Stock Purchase Plan on November 30, 2023.
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.
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.
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.
Each performance-based restricted stock unit ("PSU") is the economic equivalent of one share of Class A Common Stock.
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 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 Mrs. Sanchez may earn.
/s/ Julio V. Pena, as Attorney-in-Fact for Mariola Sanchez
2024-02-21