Susan Dehner Kucer - Feb 1, 2024 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Indianpolis Market President
Signature
/s/ Terry A. Oznick, attorney-in-fact
Stock symbol
MBIN
Transactions as of
Feb 1, 2024
Transactions value $
-$176,650
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 -$177K -4.19K -8.33% $42.17 46.1K Feb 1, 2024 Direct F1, F2
holding MBIN Series A Preferred Stock 8K Feb 1, 2024 Direct
holding MBIN Series C Depositary Shares 8K 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 13,668 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,981 vesting 2/1/2025; 4,144 vesting 2/1/2026, and 2,543 vesting 2/1/2027.