Michael J. Dunlap - Feb 1, 2022 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
President, COO, Director
Signature
/s/ Terry A. Oznick, attorney-in-fact
Stock symbol
MBIN
Transactions as of
Feb 1, 2022
Transactions value $
-$244,781
Form type
4
Date filed
2/3/2022, 03:59 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 -$245K -8.05K -5.06% $30.40 151K Feb 1, 2022 Direct F1, F2
holding MBIN Common Stock 219 Feb 1, 2022 by ESOP
* 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 66,360 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 31,152 vesting 2/1/2023; 24,263 vesting 2/1/2024; and 10,945 vesting 2/1/2025.