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

Role
CEO of Merchants Capital
Signature
/s/ Terry A. Oznick, attorney-in-fact
Stock symbol
MBIN
Transactions as of
Sep 22, 2022
Transactions value $
$100,000
Form type
4
Date filed
9/23/2022, 04:09 PM
Previous filing
May 18, 2022
Next filing
Dec 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Series D Depositary Shares Purchase $100K +4K $25.00 4K Sep 22, 2022 Direct
holding MBIN Common Stock 93.3K Sep 22, 2022 Direct F1
holding MBIN Common Stock 348 Sep 22, 2022 By ESOP
holding MBIN Series A Preferred Stock 4K Sep 22, 2022 Direct
holding MBIN Series C Depositary Shares 12K Sep 22, 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.