Michael J. Dunlap - 01 Feb 2024 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
President, COO, Director
Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
01 Feb 2024
Net transactions value
-$555,716
Form type
4
Filing time
02 Feb 2024, 16:10:47 UTC
Previous filing
26 Jan 2024
Next filing
06 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Tax liability $555,716 -13,178 -6.7% $42.17 184,906 01 Feb 2024 Direct F1, F2
holding MBIN Series B Depositary Shares 1,500 01 Feb 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F2 Includes 59,686 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 29,504 vesting 2/1/2025; 18,559 vesting 2/1/2026, and 11,623 vesting 2/1/2027.