Michael F. Petrie - 01 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
01 Apr 2021
Net transactions value
+$13.03
Form type
4
Filing time
24 Jun 2021, 21:42:47 UTC
Next filing
10 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Gift $0 -39,236 -2.8% $0.000000 1,379,113 22 Jun 2021 Direct F1
transaction MBIN Common Stock Gift $0 -5,014 -0.36% $0.000000 1,374,099 24 Jun 2021 Direct F2
transaction MBIN Common Stock Small acquisition under Rule 16a-6 $13.03 +0 +0.21% $42.55 145 01 Apr 2021 By ESOP F3
transaction MBIN Common Stock Gift $0 -302,805 -15% $0.000000 1,720,411 22 Jun 2021 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
transaction MBIN Common Stock Gift $0 +5,014 +1.2% $0.000000 418,286 24 Jun 2021 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Common Stock 1,421,112 01 Apr 2021 By Spouse
holding MBIN Common Stock 950,000 01 Apr 2021 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2,392,790 01 Apr 2021 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 950,000 01 Apr 2021 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 413,272 01 Apr 2021 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Series C Depositary Shares 120,000 01 Apr 2021 Direct
* 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.
F2 See footnote (1).
F3 Dividend reinvestment for shares held within ESOP with purchase of shares controlled by ESOP trustee.