Terry A. Oznick - 28 Jan 2025 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
SVP, General Counsel
Signature
/s/ Terry A Oznick
Issuer symbol
MBIN
Transactions as of
28 Jan 2025
Net transactions value
$0
Form type
4
Filing time
29 Jan 2025, 16:34:26 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 +4,476 +16% $0.000000 32,628 28 Jan 2025 Direct F1, F2
holding MBIN Series D Depositary Shares 2,000 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: 1,492 vesting 2/1/2026; 1,492 vesting 2/1/2027, and 1,492 vesting 2/1/2028.
F2 Includes 18,144 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,981 vesting 2/1/2025; 5,636 vesting 2/1/2026; 4,035 vesting 2/1/2027, and 1,492 vesting 2/1/2028.