Merchants Bancorp — Director's Dealing 2023

Jan 26, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Merchants Bancorp (MBIN)
CIK: 0001629019
Period of Report: 2023-01-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-24	Common Stock	A	4802.00	$0.00	Acquired	36935.00	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	349.76	Indirect
Common Stock	18007.00	Indirect
Series A Preferred Stock	300.00	Direct
Series C Depositary Shares	400.00	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: 1,600 vesting 2/1/2024; 1,601 vesting 2/1/2025, and 1,601 vesting 2/1/2026.

F2: Includes 23,125 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,525 vesting 2/1/2023; 8,560 vesting 2/1/2024; 4,439 vesting 2/1/2025; and 1,601 vesting 2/1/2026.