Michael F. Petrie - 28 Jan 2025 Form 4 Insider Report for Merchants Bancorp (MBIN)

Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
28 Jan 2025
Net transactions value
$0
Form type
4
Filing time
29 Jan 2025, 16:32:30 UTC
Previous filing
06 Jan 2025
Next filing
04 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Award $0 +22,981 +1.2% $0.000000 2,013,526 28 Jan 2025 Direct F1, F2
holding MBIN Common Stock 2,111,868 28 Jan 2025 By Spouse
holding MBIN Common Stock 1,425,000 28 Jan 2025 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 1,425,000 28 Jan 2025 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 2,611,424 28 Jan 2025 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 2,482,616 28 Jan 2025 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 674,729 28 Jan 2025 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Series C Depositary Shares 100,000 28 Jan 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vesting and shares are issued: 7,661 vesting 2/1/2026; 7,660 vesting 2/1/2027, and 7,660 vesting 2/1/2028.
F2 Includes 93,522 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; 29,807 vesting 2/1/2026; 20,736 vesting 2/1/2027, and 7,660 vesting 2/1/2028.