Merchants Bancorp — Director's Dealing 2022

Feb 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Merchants Bancorp (MBIN)
CIK: 0001629019
Period of Report: 2022-02-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-01	Common Stock	F	8052.00	$30.40	Disposed	151123.00	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	218.998	Indirect

Footnotes

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

F2: includes 66,360 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 31,152 vesting 2/1/2023; 24,263 vesting 2/1/2024; and 10,945 vesting 2/1/2025.