Susan Dehner Kucer - 15 Apr 2021 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Indianpolis Market President
Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
15 Apr 2021
Transactions value $
$-250,000
Form type
4
Filing time
10 May 2021, 16:24:25 UTC
Next filing
26 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN 8% Non-Cumulative, Perpetual Preferred Stock Disposed to Issuer $-250,000 -250 -100% $1000.00* 0 15 Apr 2021 Direct
holding MBIN Common Stock 22,467 15 Apr 2021 Direct F1
holding MBIN Common Stock 145 15 Apr 2021 by ESOP
holding MBIN Series A Preferred Stock 8,000 15 Apr 2021 Direct
holding MBIN Series C Depositary Shares 8,000 15 Apr 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 11,098 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 4,640 vesting 2/1/2022; 3,709 vesting 2/1/2023; and 2,749 vesting 2/1/2024.