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

Role
President, COO, Director
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, 16:32:42 UTC
Previous filing
06 Jan 2025
Next filing
04 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Award $0 +20,562 +11% $0.000000 205,468 28 Jan 2025 Direct F1, F2
* 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: 6,854 vesting 2/1/2026; 6,854 vesting 2/1/2027, and 6,854 vesting 2/1/2028.
F2 Includes 80,248 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 29,504 vesting 2/1/2025; 25,413 vesting 2/1/2026; 18,477 vesting 2/1/2027, and 6,854 vesting 2/1/2028.