Merchants Bancorp — Director's Dealing 2019

Feb 25, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Merchants Bancorp (MBIN)
CIK: 0001629019
Period of Report: 2019-02-21

Reporting Person: Kucer Susan Dehner (Indianpolis Market President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-21	Common Stock	A	2795	—	Acquired	14789	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
8 % Non-Cumulative, Perpetual Preferred Stock	250	Direct

Footnotes

F1: unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vesting on 12/31/2021 and shares are issued

F2: includes 11,705 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 5,017 vesting 12/31/2019; 3,893 vesting 12/31/2020; and 2,795 vesting 12/31/2021