Mark K. Hardwick - 11 May 2021 Form 4 Insider Report for FIRST MERCHANTS CORP (FRME)

Role
Chief Executive Officer, Director
Signature
Logan Edon (Confirming Statement on File)
Issuer symbol
FRME
Transactions as of
11 May 2021
Transactions value $
$879
Form type
4
Filing time
12 May 2021, 15:22:35 UTC
Next filing
27 May 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FRME Phantom Stock Award $879 +18 +0.74% $48.68 2.46K 11 May 2021 Common Stock 18 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of FRME common stock. The shares of phantom stock will be settled in cash or shares of FRME common stock, at the reporting person's election, upon separation from First Merchants.

Remarks:

Exhibit 24; Confirming Statement