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

Signature
/s/ Terry A Oznick
Stock symbol
MBIN
Transactions as of
Sep 22, 2022
Transactions value $
$50,000
Form type
4
Date filed
9/23/2022, 04:09 PM
Previous filing
Feb 3, 2022
Next filing
Jan 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Series D Depositary Shares Purchase $50K +2K $25.00 2K Sep 22, 2022 Direct
holding MBIN Common Stock 21.4K Sep 22, 2022 Direct F1
holding MBIN Common Stock 348 Sep 22, 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.