Terry A. Oznick - 04 May 2023 Form 4 Insider Report for Merchants Bancorp (MBIN)

Signature
/s/ Terry A Oznick
Issuer symbol
MBIN
Transactions as of
04 May 2023
Net transactions value
+$9,756
Form type
4
Filing time
04 May 2023, 16:30:45 UTC
Previous filing
02 May 2023
Next filing
26 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Series B Depositary Shares Purchase $9,756 +600 +46% $16.26 1,900 04 May 2023 Direct
holding MBIN Common Stock 23,378 04 May 2023 Direct F1
holding MBIN Common Stock 516 04 May 2023 by ESOP
holding MBIN Series D Depositary Shares 2,000 04 May 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 13,776 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 7,736 vesting 2/1/2024; 4,439 vesting 2/1/2025; and 1,601 vesting 2/1/2026.