Esterripa Juan bought AMTB
February 16, 2024 · Form 4 insider transaction
Esterripa Juan bought 13,381 shares of Amerant Bancorp Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 5 days after the transaction.
Footnotes
Each performance-based restricted stock unit (PSUs) is the economic equivalent of one share of Class A Common Stock.; PSUs awarded to Mr. Esterripa, 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 Mr. Esterripa may earn.