Michael F. Petrie - Feb 1, 2023 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Terry A. Oznick, attorney-in-fact
Stock symbol
MBIN
Transactions as of
Feb 1, 2023
Transactions value $
-$273,786
Form type
4
Date filed
2/3/2023, 06:43 PM
Previous filing
Jan 26, 2023
Next filing
Mar 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Tax liability -$274K -9.11K -0.44% $30.05 2.08M Feb 1, 2023 Direct F1, F2
holding MBIN Common Stock 350 Feb 1, 2023 By ESOP
holding MBIN Common Stock 2.12M Feb 1, 2023 By Spouse
holding MBIN Common Stock 1.43M Feb 1, 2023 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 3.59M Feb 1, 2023 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 1.43M Feb 1, 2023 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2.52M Feb 1, 2023 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 653K Feb 1, 2023 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Series C Depositary Shares 120K Feb 1, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F2 Includes 70,207 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 38,893 vesting 2/1/2024; 22,244 vesting 2/1/2025; and 9,070 vesting 2/1/2026.