Michael R. Dury - Apr 15, 2021 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
CEO of Merchants Capital
Signature
/s/ Terry A. Oznick, attorney-in-fact
Stock symbol
MBIN
Transactions as of
Apr 15, 2021
Transactions value $
$0
Form type
4
Date filed
5/10/2021, 04:23 PM
Next filing
Jan 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN 8% Non-Cumulative, Perpetual Preferred Stock Disposed to Issuer -$300K -300 -100% $1,000.00* 0 Apr 15, 2021 Direct
transaction MBIN Series C Depositary Shares Award $300K +12K $25.00 12K May 6, 2021 Direct
transaction MBIN Common Stock Award $0 +145 $0.00 145 Feb 3, 2021 By ESOP
holding MBIN Common Stock 54.1K Apr 15, 2021 Direct F1
holding MBIN Series A Preferred Stock 4K Apr 15, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 9,883 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 4,632 vesting 2/1/2022; 3,327 vesting 2/1/2023; and 1,924 vesting 2/1/2024