Charles E. Schalliol - 09 Apr 2024 Form 4 Insider Report for FIRST MERCHANTS CORP (FRME)

Role
Director
Signature
Jacob Burkett (Confirming Statement on File)
Issuer symbol
FRME
Transactions as of
09 Apr 2024
Transactions value $
$32,475
Form type
4
Filing time
11 Apr 2024, 10:42:47 UTC
Previous filing
02 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRME Common Stock Options Exercise $32,475 +1,500 +3.79% $21.65 41,029 09 Apr 2024 Direct F1

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 Non-Employee Director Stock Option (right to buy) Options Exercise $0 -1,500 -100% $0* 0 09 Apr 2024 Common Stock 1,500 $21.65 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Includes Restricted Stock Awards totaling 9,276 shares.