Merchants Bancorp — Director's Dealing 2020

Dec 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Merchants Bancorp (MBIN)
CIK: 0001629019
Period of Report: 2020-11-30

Reporting Person: Dunlap Michael J. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-30	Common Stock	F	2631.00	$26.64	Disposed	60059.00	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Series A Preferred Stock	1200.00	Direct

Footnotes

F1: Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.

F2: Includes 22,247 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,826 vesting 2/1/2021; 8,828 vesting 2/1/2022; and 4,593 vesting 2/1/2023.