Michael J. Dunlap - 24 Jan 2023 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
President, COO, Director
Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
24 Jan 2023
Net transactions value
$0
Form type
4
Filing time
26 Jan 2023, 15:14:16 UTC
Previous filing
03 Feb 2022
Next filing
03 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Award $0 +20,809 +14% $0.000000 171,932 24 Jan 2023 Direct F1, F2
holding MBIN Common Stock 350 24 Jan 2023 by ESOP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vesting and shares are issued: 6,937 vesting 2/1/2024; 6,936 vesting 2/1/2025, and 6,936 vesting 2/1/2026.
F2 Includes 87,169 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 31,152 vesting 2/1/2023; 31,200 vesting 2/1/2024; 17,881 vesting 2/1/2025; and 6,936 vesting 2/1/2026.