Michael F. Petrie - Jan 24, 2022 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Chairman and CEO, Director, 10%+ Owner
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, 03:16 PM
Previous filing
May 10, 2021
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 +36.5K +2.66% $0.00 1.41M Jan 24, 2022 Direct F1, F2
holding MBIN Common Stock 219 Jan 24, 2022 By ESOP
holding MBIN Common Stock 2.13M Jan 24, 2022 By Spouse
holding MBIN Common Stock 627K Jan 24, 2022 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Common Stock 1.43M Jan 24, 2022 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 3.59M Jan 24, 2022 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 1.43M Jan 24, 2022 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2.58M Jan 24, 2022 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
holding MBIN Series C Depositary Shares 120K Jan 24, 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: 12,161 vesting 2/1/2023; 12,161 vesting 2/1/2024, and 12,161 vesting 2/1/2025.
F2 includes 86,428 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 28,808 vesting 2/1/2022; 28,810 vesting 2/1/2023; 28,810 vesting 2/1/2024; and 12,161 vesting 2/1/2025.