Patrick D. O'Brien - Jan 2, 2025 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Director
Signature
/s/ Terry A. Oznick, attorney-in-fact
Stock symbol
MBIN
Transactions as of
Jan 2, 2025
Transactions value $
-$250,000
Form type
4
Date filed
1/6/2025, 05:55 PM
Previous filing
Nov 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Series B depositary shares Disposed to Issuer -$150K -6K -100% $25.00 0 Jan 2, 2025 Direct F1
transaction MBIN Series B Depositary Shares Disposed to Issuer -$100K -4K -100% $25.00 0 Jan 2, 2025 by O'Brien Motors, Inc. F1
holding MBIN Common Stock 117K Jan 2, 2025 Direct
holding MBIN Series C Depositary Shares 43.7K Jan 2, 2025 Direct
holding MBIN Series C Depositary Shares 40K Jan 2, 2025 by O'Brien Motors, Inc.
holding MBIN Series D Depositary Shares 40K Jan 2, 2025 Direct
holding MBIN Series E Depositary Shares 40K Jan 2, 2025 Direct
holding MBIN Series E Depositary Shares 40K Jan 2, 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.