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

Role
CEO of Merchants Capital
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, 15:16:23 UTC
Previous filing
10 May 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 +10,641 +13% $0.000000 91,831 24 Jan 2022 Direct F1, F2
holding MBIN Common Stock 219 24 Jan 2022 By ESOP
holding MBIN Series A Preferred Stock 4,000 24 Jan 2022 Direct
holding MBIN Series C Depositary Shares 12,000 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: 3,547 vesting 2/1/2023; 3,547 vesting 2/1/2024, and 3,547 vesting 2/1/2025.
F2 includes 25,467unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,949 vesting 2/1/2022; 8,538 vesting 2/1/2023; 6,433 vesting 2/1/2024; and 3,547 vesting 2/1/2025.