Susan Dehner Kucer - 24 Jan 2023 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
24 Jan 2023
Transactions value $
$0
Form type
4
Filing time
26 Jan 2023, 15:15:39 UTC
Previous filing
03 Feb 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 +4,802 +11.9% $0.000000 45,057 24 Jan 2023 Direct F1, F2
holding MBIN Common Stock 349 24 Jan 2023 by ESOP
holding MBIN Series A Preferred Stock 8,000 24 Jan 2023 Direct
holding MBIN Series C Depositary Shares 8,000 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: 1,600 vesting 2/1/2024; 1,601 vesting 2/1/2025, and 1,601 vesting 2/1/2026.
F2 Includes 23,001 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; 8,560 vesting 2/1/2024; 4,439 vesting 2/1/2025; and 1,601 vesting 2/1/2026.