Merchants Bancorp — Director's Dealing 2020

Jan 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Merchants Bancorp (MBIN)
CIK: 0001629019
Period of Report: 2020-01-22

Reporting Person: Koors Jerry F. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-22	Common Stock	A	3132.00	$0.00	Acquired	10025.00	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13001.00	Indirect

Footnotes

F1: unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vesting and shares are issued: 1,044 vesting 2/1/2021; 1,044 vesting 2/1/2022, and 1,044 vesting 2/1/2023.

F2: includes 8,146 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 974 vesting 3/15/2020; 2,092 vesting 11/30/2020; 2,018 vesting 2/1/2021; 2,018 vesting 2/1/2022; and 1,044 vesting 2/1/2023.