MARK K. HARDWICK - 19 Sep 2022 Form 4 Insider Report for FIRST MERCHANTS CORP (FRME)

Role
Chief Executive Officer, Director
Signature
Melanie Bowling (Confirming Statement on File)
Issuer symbol
FRME
Transactions as of
19 Sep 2022
Transactions value $
$3,050
Form type
4
Filing time
19 Sep 2022, 17:01:28 UTC
Previous filing
16 Aug 2022
Next filing
30 Nov 2022
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 $3.05K +75.2 +2.72% $40.58 2.84K 19 Sep 2022 Common Stock 75.2 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.