Patrick D. O'Brien - 16 Nov 2022 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Director
Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
16 Nov 2022
Net transactions value
+$12,523
Form type
4
Filing time
17 Nov 2022, 15:14:45 UTC
Previous filing
23 Sep 2022
Next filing
14 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIN Common Stock Award $12,523 +507 +0.45% $24.70 113,439 16 Nov 2022 Direct F1
holding MBIN Series A Preferred Stock 20,000 16 Nov 2022 Direct
holding MBIN Series A Preferred Stock 80,000 16 Nov 2022 by O'Brien Motors, Inc.
holding MBIN Series B Depositary Shares 4,000 16 Nov 2022 by O'Brien Motors, Inc.
holding MBIN Series C Depositary Shares 40,000 16 Nov 2022 Direct
holding MBIN Series C Depositary Shares 120,000 16 Nov 2022 by O'Brien Motors, Inc.
holding MBIN Series D Depositary Shares 40,000 16 Nov 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This award represents the equity portion of the Reporting Person's quarterly retainer for service as a director of the Issuer. The number of shares awarded was determined by dividing the dollar value of the equity portion by the price shown, which was the closing price of one share of the Issuer's common stock on the day immediately prior to the most recent scheduled quarterly board meeting, and rounding up to the next whole share.