Martin A. Schroeter - Feb 1, 2022 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
President-Warehouse Lending
Signature
/s/ Terry A. Oznick, attorney-in-fact
Stock symbol
MBIN
Transactions as of
Feb 1, 2022
Transactions value $
-$43,624
Form type
4
Date filed
2/3/2022, 03:48 PM
Previous filing
Jan 26, 2022
Next filing
Jan 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Tax liability -$43.6K -1.44K -6.87% $30.40 19.4K Feb 1, 2022 Direct F1, F2
holding MBIN Common Stock 208 Feb 1, 2022 by ESOP
holding MBIN Series A Preferred Stock 1.6K Feb 1, 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.