Michael F. Petrie - 03 Aug 2023 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
03 Aug 2023
Net transactions value
+$59,446
Form type
4
Filing time
07 Aug 2023, 08:35:51 UTC
Previous filing
01 Aug 2023
Next filing
09 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Series B Depositary Shares Purchase $320 +15 $21.35 15 03 Aug 2023 Direct
transaction MBIN Series B Depositary Shares Purchase $59,126 +2,706 +18040% $21.85 2,721 04 Aug 2023 Direct F1
holding MBIN Common Stock 2,059,002 03 Aug 2023 Direct F2
holding MBIN Common Stock 517 03 Aug 2023 By ESOP
holding MBIN Common Stock 2,111,868 03 Aug 2023 By Spouse
holding MBIN Common Stock 1,425,000 03 Aug 2023 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 3,589,185 03 Aug 2023 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 1,425,000 03 Aug 2023 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2,482,616 03 Aug 2023 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 653,429 03 Aug 2023 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Series C Depositary Shares 100,000 03 Aug 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.67 to $21.85 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
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.