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: Petrie Michael F. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-31	Common Stock	G	24700.00	$0.00	Disposed	1603049.00	Direct
2020-11-06	Common Stock	G	113636.00	$0.00	Disposed	1489413.00	Direct
2020-11-06	Common Stock	G	11360.00	$0.00	Disposed	1478053.00	Direct
2021-01-19	Common Stock	A	33296.00	$0.00	Acquired	1511349.00	Direct
2020-11-04	Common Stock	G	113636.00	$0.00	Disposed	1514112.00	Indirect
2020-12-17	Common Stock	J	369574.00	$0.00	Disposed	2023216.00	Indirect
2020-11-06	Common Stock	G	227272.00	$0.00	Acquired	227272.00	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	950000.00	Indirect
Common Stock	950000.00	Indirect
Common Stock	2392790.00	Indirect
8 % Non-Cumulative, Perpetual Preferred Stock	5000.00	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: 11,098 vesting 2/1/2022; 11,099 vesting 2/1/2023, and 11,099 vesting 2/1/2024.

F2: includes 33,296 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 11,098 vesting 2/1/2022; 11,099 vesting 2/1/2023; and 11,099 vesting 2/1/2024.

F3: Distribution in accordance with the terms of the trust