Michael R. Dury - Nov 2, 2023 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
CEO of Merchants Capital
Signature
/s/ Terry A. Oznick, attorney-in-fact
Stock symbol
MBIN
Transactions as of
Nov 2, 2023
Transactions value $
$255,640
Form type
4
Date filed
11/3/2023, 05:21 PM
Previous filing
Feb 3, 2023
Next filing
Jan 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Series C Depositary Shares Purchase $256K +14K +116.67% $18.26 26K Nov 2, 2023 Direct
holding MBIN Common Stock 77.1K Nov 2, 2023 Direct F1
holding MBIN Common Stock 519 Nov 2, 2023 By ESOP
holding MBIN Common Stock 18.2K Nov 2, 2023 Trustee of the Michael R. Dury GRAT - 2023
holding MBIN Series A Preferred Stock 4K Nov 2, 2023 Direct
holding MBIN Series D Depositary Shares 4K Nov 2, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 15,807 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,376 vesting 2/1/2024; 5,489 vesting 2/1/2025; and 1,942 vesting 2/1/2026.