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Merchants Bancorp Director's Dealing 2024

May 20, 2024

31932_dirs_2024-05-20_afd5a5a1-a112-43b0-a1fb-d3945d662954.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Merchants Bancorp (MBIN)
CIK: 0001629019
Period of Report: 2024-04-01

Reporting Person: Shane David N. (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-05-16 Common Stock A 407.00 $43.04 Acquired 20224.00 Direct
2024-04-01 Series A Preferred Stock D 1000.00 $25.00 Disposed 0.00 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Series C Depositary Shares 2000.00 Direct
Series D Depositary Shares 2000.00 Direct

Footnotes

F1: This award represents the equity portion of the Reporting Person's quarterly retainer for service as a director of the Issuer. The number of shares awarded was determined by dividing the dollar value of the equity portion by the price shown, which was the closing price of one share of the Issuer's common stock on the day immediately prior to the most recent scheduled quarterly board meeting, and rounding up to the next whole share.

F2: Redemption by the issuer of all outstanding shares of Series A preferred stock at the liquidation preference prescribed by the issuer's Articles.