Michael F. Petrie - 27 Aug 2024 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
27 Aug 2024
Net transactions value
-$999,747
Form type
4
Filing time
28 Aug 2024, 21:34:45 UTC
Previous filing
02 Feb 2024
Next filing
13 Dec 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 Sale $999,747 -22,050 -1.1% $45.34 1,990,545 27 Aug 2024 Direct F1, F2
holding MBIN Common Stock 2,111,868 27 Aug 2024 By Spouse
holding MBIN Common Stock 1,425,000 27 Aug 2024 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 3,587,034 27 Aug 2024 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 1,425,000 27 Aug 2024 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2,482,616 27 Aug 2024 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 674,729 27 Aug 2024 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Series B Depositary Shares 21,021 27 Aug 2024 Direct
holding MBIN Series C Depositary Shares 100,000 27 Aug 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.35 to $45.43 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 Includes 70,541 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 35,319 vesting 2/1/2025; 22,146 vesting 2/1/2026, and 13,076 vesting 2/1/2027.