MARK K. HARDWICK - 30 Jan 2024 Form 4 Insider Report for FIRST MERCHANTS CORP (FRME)

Role
Chief Executive Officer, Director
Signature
Jacob Burkett (Confirming Statement on File)
Issuer symbol
FRME
Transactions as of
30 Jan 2024
Transactions value $
$36
Form type
4
Filing time
31 Jan 2024, 15:02:17 UTC
Previous filing
21 Dec 2023
Next filing
06 Mar 2024
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 $35.80 +1.32 +0.04% $27.14 3.05K 30 Jan 2024 Common Stock 1.32 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.