Michael J. Dunlap - 24 Jan 2022 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
President, COO, Director
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, 15:16:05 UTC
Previous filing
17 Nov 2021
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 +32,834 +26% $0.000000 161,177 24 Jan 2022 Direct F1, F2
holding MBIN Common Stock 219 24 Jan 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: 10,944 vesting 2/1/2023; 10,945 vesting 2/1/2024, and 10,945 vesting 2/1/2025.
F2 includes 92,9624 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued:26,562 vesting 2/1/2022; 31,153 vesting 2/1/2023; 24,264 vesting 2/1/2024; and 10,945 vesting 2/1/2025.