Michael R. Dury - 22 Sep 2022 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
CEO of Merchants Capital
Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
22 Sep 2022
Net transactions value
+$100,000
Form type
4
Filing time
23 Sep 2022, 16:09:15 UTC
Previous filing
18 May 2022
Next filing
14 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Series D Depositary Shares Purchase $100,000 +4,000 $25.00 4,000 22 Sep 2022 Direct
holding MBIN Common Stock 93,260 22 Sep 2022 Direct F1
holding MBIN Common Stock 348 22 Sep 2022 By ESOP
holding MBIN Series A Preferred Stock 4,000 22 Sep 2022 Direct
holding MBIN Series C Depositary Shares 12,000 22 Sep 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 includes 18,517 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,537 vesting 2/1/2023; 6,433 vesting 2/1/2024; and 3,547 vesting 2/1/2025.