Michael F. Petrie - 01 Nov 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
01 Nov 2023
Net transactions value
-$607,939
Form type
4
Filing time
03 Nov 2023, 17:18:54 UTC
Previous filing
14 Aug 2023
Next filing
26 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Sale $607,939 -20,064 -0.98% $30.30 2,026,511 01 Nov 2023 Direct F1
holding MBIN Common Stock 519 01 Nov 2023 By ESOP
holding MBIN Common Stock 2,111,868 01 Nov 2023 By Spouse
holding MBIN Common Stock 1,425,000 01 Nov 2023 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 3,589,185 01 Nov 2023 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 1,425,000 01 Nov 2023 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2,482,616 01 Nov 2023 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 653,429 01 Nov 2023 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Series B Depositary Shares 21,021 01 Nov 2023 Direct
holding MBIN Series C Depositary Shares 100,000 01 Nov 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.