Michael F. Petrie - May 10, 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
May 10, 2023
Transactions value $
-$85,000
Form type
4
Date filed
5/15/2023, 04:27 PM
Previous filing
May 9, 2023
Next filing
May 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Series C Depositary Shares Sale -$85K -5K -4.17% $17.00 115K May 10, 2023 Direct
holding MBIN Common Stock 2.08M May 10, 2023 Direct F1
holding MBIN Common Stock 516 May 10, 2023 By ESOP
holding MBIN Common Stock 2.11M May 10, 2023 By Spouse
holding MBIN Common Stock 1.43M May 10, 2023 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 3.59M May 10, 2023 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 1.43M May 10, 2023 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2.48M May 10, 2023 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 653K May 10, 2023 Spouse is Trustee of The Petrie Grandchildren Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.