Martin A. Schroeter - 01 Feb 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
01 Feb 2022
Net transactions value
-$43,624
Form type
4
Filing time
03 Feb 2022, 15:48:00 UTC
Previous filing
26 Jan 2022
Next filing
26 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Tax liability $43,624 -1,435 -6.9% $30.40 19,446 01 Feb 2022 Direct F1, F2
holding MBIN Common Stock 208 01 Feb 2022 by ESOP
holding MBIN Series A Preferred Stock 1,600 01 Feb 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F2 includes 16,757 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,959 vesting 2/1/2023; 6,960 vesting 2/1/2024; and 2,838 vesting 2/1/2025.