Michael R. Dury - Jan 24, 2024 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
Jan 24, 2024
Transactions value $
$0
Form type
4
Date filed
1/26/2024, 05:24 PM
Previous filing
Nov 3, 2023
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Award $0 +9.15K +11.87% $0.00 86.3K Jan 24, 2024 Direct F1
holding MBIN Common Stock 18.2K Jan 24, 2024 Trustee of the Michael R. Dury GRAT - 2023
holding MBIN Series A Preferred Stock 4K Jan 24, 2024 Direct
holding MBIN Series C Depositary Shares 26K Jan 24, 2024 Direct
holding MBIN Series D Depositary Shares 4K Jan 24, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 24,960 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; 8,540 vesting 2/1/2025; 4,993 vesting 2/1/2026, and 3,051 vesting 2/1/2027.