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

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
15 Apr 2021
Net transactions value
-$2,000,000
Form type
4
Filing time
10 May 2021, 16:24:07 UTC
Previous filing
24 Jun 2021
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 $5,000,000 -5,000 -100% $1000.00* 0 15 Apr 2021 Direct
transaction MBIN Series C Depositary Shares Award $3,000,000 +120,000 $25.00 120,000 06 May 2021 Direct
transaction MBIN Common Stock Award $0 +145 $0.000000 145 03 Feb 2021 By ESOP
transaction MBIN Common Stock Gift $0 -93,000 -6.2% $0.000000 1,418,349 12 Mar 2021 Direct F1
transaction MBIN Common Stock Gift $0 -93,000 -6.1% $0.000000 1,421,112 12 Mar 2021 By Spouse
transaction MBIN Common Stock Gift $0 +186,000 +82% $0.000000 413,272 12 Mar 2021 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Common Stock 950,000 15 Apr 2021 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2,392,790 15 Apr 2021 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 950,000 15 Apr 2021 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2,023,216 15 Apr 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.