Jerry F. Koors - Feb 1, 2024 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Merchants Mortgage President
Signature
/s/ Terry A. Oznick, attorney-in-fact
Stock symbol
MBIN
Transactions as of
Feb 1, 2024
Transactions value $
-$115,335
Form type
4
Date filed
2/2/2024, 04:11 PM
Previous filing
Jan 26, 2024
Next filing
May 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Tax liability -$115K -2.74K -6.33% $42.17 40.5K Feb 1, 2024 Direct F1, F2
holding MBIN Common Stock 18K Feb 1, 2024 IRA
holding MBIN Series A Preferred Stock 300 Feb 1, 2024 Direct
holding MBIN Series C Depositary Shares 400 Feb 1, 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 14,758 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 7,345 vesting 2/1/2025; 4,507 vesting 2/1/2026, and 2,906 vesting 2/1/2027.