Patrick D. O'Brien - 02 Jan 2025 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Director
Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
02 Jan 2025
Net transactions value
-$250,000
Form type
4
Filing time
06 Jan 2025, 17:55:33 UTC
Previous filing
20 Nov 2024
Next filing
24 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Series B depositary shares Disposed to Issuer $150,000 -6,000 -100% $25.00 0 02 Jan 2025 Direct F1
transaction MBIN Series B Depositary Shares Disposed to Issuer $100,000 -4,000 -100% $25.00 0 02 Jan 2025 by O'Brien Motors, Inc. F1
holding MBIN Common Stock 116,916 02 Jan 2025 Direct
holding MBIN Series C Depositary Shares 43,700 02 Jan 2025 Direct
holding MBIN Series C Depositary Shares 40,000 02 Jan 2025 by O'Brien Motors, Inc.
holding MBIN Series D Depositary Shares 40,000 02 Jan 2025 Direct
holding MBIN Series E Depositary Shares 40,000 02 Jan 2025 Direct
holding MBIN Series E Depositary Shares 40,000 02 Jan 2025 by O'Brien Motors, Inc.
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Redemption by the issuer of all outstanding shares of Series B preferred stock (including all associated depositary shares representing a 1/40th interest therein) at the liquidation preference prescribed by the issuer's Articles.