H. Palmer Proctor Jr - Feb 23, 2023 Form 4 Insider Report for Ameris Bancorp (ABCB)

Role
CEO, Director
Signature
H. Palmer Proctor, Jr. by Elna Klein-Kolarich as Attorney-In-Fact
Stock symbol
ABCB
Transactions as of
Feb 23, 2023
Transactions value $
-$731,177
Form type
4
Date filed
2/27/2023, 06:33 PM
Previous filing
Feb 13, 2023
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABCB Common Stock Award $0 +26.6K +10.74% $0.00 275K Feb 23, 2023 Direct F1
transaction ABCB Common Stock Tax liability -$580K -12K -4.37% $48.29 263K Feb 23, 2023 Direct F2
transaction ABCB Common Stock Award $0 +21.5K +8.2% $0.00 284K Feb 23, 2023 Direct F3
transaction ABCB Common Stock Tax liability -$151K -3.15K -1.11% $48.02 281K Feb 24, 2023 Direct F4
holding ABCB Common Stock 21.9K Feb 23, 2023 By Children
holding ABCB Common Stock 198K Feb 23, 2023 Trust, Coexecutor
holding ABCB Common Stock 22.3K Feb 23, 2023 401(k)
holding ABCB Common Stock 18K Feb 23, 2023 Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock grant pursuant to performance stock unit award originally granted March 11, 2020 pursuant to the Ameris Bancorp 2014 Omnibus Equity Compensation Plan.
F2 This transaction represents the withholding of 12,008 shares of common stock to satisfy the tax withholding obligations incurred by the reporting person upon the stock grant of 26,623 shares on February 23,2023.
F3 Stock grant pursuant to the Ameris Bancorp 2021 Omnibus Equity Compensation Plan, vesting: (i) 7,179 shares on February 24, 2024; (ii) 7,179 shares on February 24, 2025; and (iii) 7,179 shares on February 24, 2026.
F4 This transaction represents the withholding of 3,151 shares of common stock to satisfy the tax withholding obligations incurred by the reporting person upon the vesting on February 24, 2023 of 6,986 shares of common stock originally awarded on February 24, 2022.