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

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, 15:16:43 UTC
Previous filing
10 May 2021
Next filing
03 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Award $0 +36,483 +2.7% $0.000000 1,410,582 24 Jan 2022 Direct F1, F2
holding MBIN Common Stock 219 24 Jan 2022 By ESOP
holding MBIN Common Stock 2,131,668 24 Jan 2022 By Spouse
holding MBIN Common Stock 627,429 24 Jan 2022 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Common Stock 1,425,000 24 Jan 2022 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 3,589,185 24 Jan 2022 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 1,425,000 24 Jan 2022 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2,580,616 24 Jan 2022 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
holding MBIN Series C Depositary Shares 120,000 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: 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.