Michael F. Petrie - Feb 1, 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
Feb 1, 2022
Transactions value $
-$148,018
Form type
4
Date filed
2/3/2022, 03:57 PM
Previous filing
Jan 26, 2022
Next filing
Aug 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Tax liability -$148K -4.87K -0.23% $30.40 2.1M Feb 1, 2022 Direct F1, F2
holding MBIN Common Stock 219 Feb 1, 2022 By ESOP
holding MBIN Common Stock 2.13M Feb 1, 2022 By Spouse
holding MBIN Common Stock 627K Feb 1, 2022 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Common Stock 1.43M Feb 1, 2022 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 3.59M Feb 1, 2022 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 1.43M Feb 1, 2022 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2.58M Feb 1, 2022 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
holding MBIN Series C Depositary Shares 120K 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 72,820 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 29,824 vesting 2/1/2023; 29,822 vesting 2/1/2024; and 13,174 vesting 2/1/2025.