Michael F. Petrie - Nov 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
Nov 1, 2023
Transactions value $
-$607,939
Form type
4
Date filed
11/3/2023, 05:18 PM
Previous filing
Aug 14, 2023
Next filing
Jan 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Sale -$608K -20.1K -0.98% $30.30 2.03M Nov 1, 2023 Direct F1
holding MBIN Common Stock 519 Nov 1, 2023 By ESOP
holding MBIN Common Stock 2.11M Nov 1, 2023 By Spouse
holding MBIN Common Stock 1.43M Nov 1, 2023 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 3.59M Nov 1, 2023 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 1.43M Nov 1, 2023 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2.48M Nov 1, 2023 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 653K Nov 1, 2023 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Series B Depositary Shares 21K Nov 1, 2023 Direct
holding MBIN Series C Depositary Shares 100K Nov 1, 2023 Direct
* 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.