Michael F. Petrie - 24 Jan 2023 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
24 Jan 2023
Net transactions value
$0
Form type
4
Filing time
26 Jan 2023, 15:14:23 UTC
Previous filing
11 Aug 2022
Next filing
03 Feb 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 Award $0 +27,711 +1.3% $0.000000 2,090,693 24 Jan 2023 Direct F1, F2
transaction MBIN Common Stock Gift $0 -60,000 -2.3% $0.000000 2,520,616 17 Feb 2022 Spouse is Trustee of the Julia L. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 350 24 Jan 2023 By ESOP
holding MBIN Common Stock 2,118,168 24 Jan 2023 By Spouse
holding MBIN Common Stock 1,425,000 24 Jan 2023 Spouse is Trustee of the Emily J. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 3,589,185 24 Jan 2023 Spouse is Trustee of the Emily J. Petrie Irrevocable Trust - 2010
holding MBIN Common Stock 1,425,000 24 Jan 2023 Spouse is Trustee of the Julia L. Petrie Irrevocable GST Trust 2010
holding MBIN Common Stock 653,429 24 Jan 2023 Spouse is Trustee of The Petrie Grandchildren Trust
holding MBIN Series C Depositary Shares 120,000 24 Jan 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vesting and shares are issued: 9,071 vesting 2/1/2024; 9,070 vesting 2/1/2025, and 9,070 vesting 2/1/2026.
F2 Includes 100,031 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 29,824 vesting 2/1/2023; 38,893 vesting 2/1/2024; 22,244 vesting 2/1/2025; and 9,070 vesting 2/1/2026.