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

Role
CEO of Merchants Capital
Signature
/s/ Terry A. Oznick, attorney-in-fact
Stock symbol
MBIN
Transactions as of
Jan 28, 2025
Transactions value $
$0
Form type
4
Date filed
1/29/2025, 04:32 PM
Previous filing
Nov 22, 2024
Next filing
Feb 4, 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 +5.33K +5.53% $0.00 102K Jan 28, 2025 Direct F1, F2
holding MBIN Common Stock 18.2K Jan 28, 2025 Trustee of the Michael R. Dury GRAT - 2023
holding MBIN Series C Depositary Shares 26K Jan 28, 2025 Direct
holding MBIN Series D Depositary Shares 4K Jan 28, 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.