SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Mercantil Servicios Financieros, C.A.

(Last) (First) (Middle)
AV. FCO. DE MIRANDA, LOS PALOS GRANDES,
CC EL PARQUE, SUITES C-3-10 AND C-3-11

(Street)
CARACAS X5

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Mercantil Bank Holding Corp [ AMTB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/21/2018
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock(1)(2) 12/21/2018 S 4,922,477 D $13 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Effective October 23, 2018, the Issuer split its outstanding Class A and Class B common stock on a one-for-three basis (the "stock split"). As a result of the stock split, every three outstanding shares of the Issuer's Class A common stock were combined into only one share of the Issuer's Class A common stock and every three outstanding shares of the Issuer's Class B common stock were combined into only one share of the Issuer's Class B common stock. Fractional shares were issued. The Reporting Person beneficially owns 3,532,456.66 shares of Class B common stock. The amount of securities reported on this Form 4 have been adjusted to reflect the stock split. All future Form 4 and Form 5 filings will reflect the stock split.
2. Mercantil Servicios Financieros, C.A. sold 4,922,477 shares of Class A common stock of Mercantil Bank Holding Corporation in connection with Mercantil Bank Holding Corporation's initial public offering, which closed on December 21, 2018.
Remarks:
/s/ Gustavo J. Vollmer A., Chairman and Chief Executive Officer 12/27/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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