Scott A. Evans - Jan 24, 2022 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Lynn Market President, Director
Signature
/s/ Terry A. Oznick, attorney-in-fact
Stock symbol
MBIN
Transactions as of
Jan 24, 2022
Transactions value $
$0
Form type
4
Date filed
1/26/2022, 03:15 PM
Next filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Award $0 +8.51K +24.93% $0.00 42.7K Jan 24, 2022 Direct F1, F2
holding MBIN Common Stock 219 Jan 24, 2022 by ESOP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vesting and shares are issued: 2,837 vesting 2/1/2023; 2,838 vesting 2/1/2024, and 2,838 vesting 2/1/2025.
F2 includes 25,284 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,959 vesting 2/1/2022; 8,525 vesting 2/1/2023; 6,962 vesting 2/1/2024; and 2,838 vesting 2/1/2025.