Terry A Oznick - 24 Jan 2024 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
SVP, General Counsel
Signature
/s/ Terry A Oznick
Issuer symbol
MBIN
Transactions as of
24 Jan 2024
Net transactions value
$0
Form type
4
Filing time
26 Jan 2024, 17:24:58 UTC
Previous filing
04 May 2023
Next filing
02 Feb 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 Award $0 +7,628 +33% $0.000000 31,006 24 Jan 2024 Direct F1
holding MBIN Series B Depositary Shares 1,900 24 Jan 2024 Direct
holding MBIN Series D Depositary Shares 2,000 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 21,404 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 7,736 vesting 2/1/2024; 6,981 vesting 2/1/2025; 4,144 vesting 2/1/2026, and 2,543 vesting 2/1/2027.