Michael J. Dunlap - 24 Jan 2024 Form 4 Insider Report for Merchants Bancorp (MBIN)

Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
24 Jan 2024
Net transactions value
$0
Form type
4
Filing time
26 Jan 2024, 17:23:32 UTC
Previous filing
04 May 2023
Next filing
02 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Award $0 +34,869 +21% $0.000000 198,084 24 Jan 2024 Direct F1
holding MBIN Series B Depositary Shares 1,500 24 Jan 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 90,886 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 31,200 vesting 2/1/2024; 29,504 vesting 2/1/2025; 18,559 vesting 2/1/2026, and 11,623 vesting 2/1/2027.