Terry A. Oznick - 22 Sep 2022 Form 4 Insider Report for Merchants Bancorp (MBIN)

Signature
/s/ Terry A Oznick
Issuer symbol
MBIN
Transactions as of
22 Sep 2022
Net transactions value
+$50,000
Form type
4
Filing time
23 Sep 2022, 16:09:52 UTC
Previous filing
03 Feb 2022
Next filing
26 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Series D Depositary Shares Purchase $50,000 +2,000 $25.00 2,000 22 Sep 2022 Direct
holding MBIN Common Stock 21,408 22 Sep 2022 Direct F1
holding MBIN Common Stock 348 22 Sep 2022 by ESOP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 includes 16,676 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 7,702 vesting 2/1/2023; 6,136 vesting 2/1/2024; and 2,838 vesting 2/1/2025.