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

Role
CEO of Merchants Capital
Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
15 Apr 2021
Net transactions value
$0
Form type
4
Filing time
10 May 2021, 16:23:54 UTC
Next filing
26 Jan 2022
SEC
View on sec.gov

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 $300,000 -300 -100% $1000.00* 0 15 Apr 2021 Direct
transaction MBIN Series C Depositary Shares Award $300,000 +12,000 $25.00 12,000 06 May 2021 Direct
transaction MBIN Common Stock Award $0 +145 $0.000000 145 03 Feb 2021 By ESOP
holding MBIN Common Stock 54,114 15 Apr 2021 Direct F1
holding MBIN Series A Preferred Stock 4,000 15 Apr 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