Michael F. Petrie - 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, 17:25:05 UTC
Previous filing
03 Nov 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 +39,227 +1.9% $0.000000 2,065,738 24 Jan 2024 Direct F1
holding MBIN Common Stock 2,111,868 24 Jan 2024 By Spouse
holding MBIN Common Stock 1,425,000 24 Jan 2024 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 3,589,185 24 Jan 2024 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 1,425,000 24 Jan 2024 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2,482,616 24 Jan 2024 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 653,429 24 Jan 2024 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Series B Depositary Shares 21,021 24 Jan 2024 Direct
holding MBIN Series C Depositary Shares 100,000 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 109,434 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 38,893 vesting 2/1/2024; 35,319 vesting 2/1/2025; 22,146 vesting 2/1/2026, and 13,076 vesting 2/1/2027.