Michael R. Dury - Jan 24, 2023 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
Jan 24, 2023
Transactions value $
$0
Form type
4
Date filed
1/26/2023, 03:14 PM
Previous filing
Dec 16, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Award $0 +5.83K +5.17% $0.00 119K Jan 24, 2023 Direct F1, F2
holding MBIN Common Stock 350 Jan 24, 2023 By ESOP
holding MBIN Series A Preferred Stock 4K Jan 24, 2023 Direct
holding MBIN Series C Depositary Shares 12K Jan 24, 2023 Direct
holding MBIN Series D Depositary Shares 4K Jan 24, 2023 Direct
* 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: 1,943 vesting 2/1/2024; 1,942 vesting 2/1/2025, and 1,942 vesting 2/1/2026.
F2 Includes 24,344 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; 8,376 vesting 2/1/2024; 5,489 vesting 2/1/2025; and 1,942 vesting 2/1/2026.