Susan Dehner Kucer - 01 Feb 2022 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
01 Feb 2022
Transactions value $
-$60,922
Form type
4
Filing time
03 Feb 2022, 15:56:44 UTC
Previous filing
26 Jan 2022
Next filing
26 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Tax liability -$60,921 -2,004 -4.74% $30.4 40,255 01 Feb 2022 Direct F1, F2
holding MBIN Common Stock 218 01 Feb 2022 by ESOP
holding MBIN Series A Preferred Stock 8,000 01 Feb 2022 Direct
holding MBIN Series C Depositary Shares 8,000 01 Feb 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F2 includes 18,199 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,401 vesting 2/1/2023; 6,960 vesting 2/1/2024; and 2,838 vesting 2/1/2025.