Patrick D. O'Brien - Nov 16, 2022 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Director
Signature
/s/ Terry A. Oznick, attorney-in-fact
Stock symbol
MBIN
Transactions as of
Nov 16, 2022
Transactions value $
$12,523
Form type
4
Date filed
11/17/2022, 03:14 PM
Previous filing
Sep 23, 2022
Next filing
Dec 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Award $12.5K +507 +0.45% $24.70 113K Nov 16, 2022 Direct F1
holding MBIN Series A Preferred Stock 20K Nov 16, 2022 Direct
holding MBIN Series A Preferred Stock 80K Nov 16, 2022 by O'Brien Motors, Inc.
holding MBIN Series B Depositary Shares 4K Nov 16, 2022 by O'Brien Motors, Inc.
holding MBIN Series C Depositary Shares 40K Nov 16, 2022 Direct
holding MBIN Series C Depositary Shares 120K Nov 16, 2022 by O'Brien Motors, Inc.
holding MBIN Series D Depositary Shares 40K Nov 16, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This award represents the equity portion of the Reporting Person's quarterly retainer for service as a director of the Issuer. The number of shares awarded was determined by dividing the dollar value of the equity portion by the price shown, which was the closing price of one share of the Issuer's common stock on the day immediately prior to the most recent scheduled quarterly board meeting, and rounding up to the next whole share.