Merchants Bancorp — Director's Dealing 2021

Jan 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Merchants Bancorp (MBIN)
CIK: 0001629019
Period of Report: 2021-01-19

Reporting Person: Kucer Susan Dehner (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-19	Common Stock	A	8245.00	$0.00	Acquired	23011.00	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
8 % Non-Cumulative, Perpetual Preferred Stock	250.00	Direct
Series A Preferred Stock	8000.00	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: 2,748 vesting 2/1/2022; 2,748 vesting 2/1/2023, and 2,749 vesting 2/1/2024.

F2: Includes 12,990 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 1,892 vesting 2/1/2021; 4,460 vesting 2/1/2022; 3,709 vesting 2/1/2023; and 2,749 vesting 2/1/2024.