Michael R. Dury - 28 Jan 2025 Form 4 Insider Report for Merchants Bancorp (MBIN)

Role
CEO of Merchants Capital
Signature
/s/ Terry A. Oznick, attorney-in-fact
Issuer symbol
MBIN
Transactions as of
28 Jan 2025
Transactions value $
$0
Form type
4
Filing time
29 Jan 2025, 16:32:55 UTC
Previous filing
22 Nov 2024
Next filing
04 Feb 2025
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 +5,334 +5.5% $0 101,827 28 Jan 2025 Direct F1, F2
holding MBIN Common Stock 18,200 28 Jan 2025 Trustee of the Michael R. Dury GRAT - 2023
holding MBIN Series C Depositary Shares 26,000 28 Jan 2025 Direct
holding MBIN Series D Depositary Shares 4,000 28 Jan 2025 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: 1,778 vesting 2/1/2026; 1,778 vesting 2/1/2027, and 1,778 vesting 2/1/2028.
F2 Includes 21,918 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,540 vesting 2/1/2025; 6,771 vesting 2/1/2026; 4,829 vesting 2/1/2027, and 1,778 vesting 2/1/2028.