Jerry F. Koors - 01 Feb 2024 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Merchants Mortgage President
Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
01 Feb 2024
Net transactions value
-$115,335
Form type
4
Filing time
02 Feb 2024, 16:11:05 UTC
Previous filing
26 Jan 2024
Next filing
20 May 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 Tax liability $115,335 -2,735 -6.3% $42.17 40,459 01 Feb 2024 Direct F1, F2
holding MBIN Common Stock 18,007 01 Feb 2024 IRA
holding MBIN Series A Preferred Stock 300 01 Feb 2024 Direct
holding MBIN Series C Depositary Shares 400 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 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.