Mark K. Hardwick - Jun 21, 2021 Form 4 Insider Report for FIRST MERCHANTS CORP (FRME)

Signature
Logan Edon (Confirming Statement on File)
Stock symbol
FRME
Transactions as of
Jun 21, 2021
Transactions value $
$1,333
Form type
4
Date filed
6/21/2021, 04:47 PM
Previous filing
May 27, 2021
Next filing
Aug 12, 2021

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 FRME Phantom Stock Award $1.33K +31.5 +1.28% $42.35 2.49K Jun 21, 2021 Common Stock 31.5 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of FRME common stock. The shares of phantom stock will be settled in cash or shares of FRME common stock, at the reporting person's election, upon separation from First Merchants.