Mark K. Hardwick - Sep 19, 2022 Form 4 Insider Report for FIRST MERCHANTS CORP (FRME)

Role
Chief Executive Officer, Director
Signature
Melanie Bowling (Confirming Statement on File)
Stock symbol
FRME
Transactions as of
Sep 19, 2022
Transactions value $
$3,050
Form type
4
Date filed
9/19/2022, 05:01 PM
Previous filing
Aug 16, 2022
Next filing
Nov 30, 2022

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 $3.05K +75.2 +2.72% $40.58 2.84K Sep 19, 2022 Common Stock 75.2 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.