Jerry F. Koors - 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, 17:23:58 UTC
Previous filing
03 Feb 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 +8,718 +25% $0.000000 43,194 24 Jan 2024 Direct F1
holding MBIN Common Stock 18,007 24 Jan 2024 IRA
holding MBIN Series A Preferred Stock 300 24 Jan 2024 Direct
holding MBIN Series C Preferred Stock 400 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 23,318 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,560 vesting 2/1/2024; 7,345 vesting 2/1/2025; 4,507 vesting 2/1/2026, and 2,906 vesting 2/1/2027.