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

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Terry A. Oznick, attorney-in-fact
Stock symbol
MBIN
Transactions as of
Apr 15, 2021
Transactions value $
-$2,000,000
Form type
4
Date filed
5/10/2021, 04:24 PM
Previous filing
Jun 24, 2021
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 -$5M -5K -100% $1,000.00* 0 Apr 15, 2021 Direct
transaction MBIN Series C Depositary Shares Award $3M +120K $25.00 120K May 6, 2021 Direct
transaction MBIN Common Stock Award $0 +145 $0.00 145 Feb 3, 2021 By ESOP
transaction MBIN Common Stock Gift $0 -93K -6.15% $0.00 1.42M Mar 12, 2021 Direct F1
transaction MBIN Common Stock Gift $0 -93K -6.14% $0.00 1.42M Mar 12, 2021 By Spouse
transaction MBIN Common Stock Gift $0 +186K +81.84% $0.00 413K Mar 12, 2021 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Common Stock 950K Apr 15, 2021 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2.39M Apr 15, 2021 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 950K Apr 15, 2021 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2.02M Apr 15, 2021 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 33,296 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 11,098 vesting 2/1/2022; 11,099 vesting 2/1/2023; and 11,099 vesting 2/1/2024.