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: Dunlap Michael J. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-22	Common Stock	A	13778.00	$0.00	Acquired	63862.00	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Series A Preferred Stock	1200.00	Direct

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: 4,592 vesting 2/1/2021; 4,593 vesting 2/1/2022, and 4,593 vesting 2/1/2023.

F2: includes 35,834 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 4,234 vesting 3/15/2020; 9,353 vesting 11/30/2020; 8,826 vesting 2/1/2021; 8,828 vesting 2/1/2022; and 4,593 vesting 2/1/2023.