Martin A. Schroeter - 24 Jan 2022 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
President-Warehouse Lending
Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
24 Jan 2022
Net transactions value
$0
Form type
4
Filing time
26 Jan 2022, 15:15:51 UTC
Next filing
03 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Award $0 +8,513 +69% $0.000000 20,881 24 Jan 2022 Direct F1, F2
holding MBIN Common Stock 208 24 Jan 2022 by ESOP
holding MBIN Series A Preferred Stock 1,600 24 Jan 2022 Direct
* 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 all unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 4,122 vesting 2/1/2022; 6,959 vesting 2/1/2023; 6,962 vesting 2/1/2024; and 2,838 vesting 2/1/2025.