Dunlap Michael J. 4
4 · Merchants Bancorp · Filed May 4, 2023
Insider Transaction Report
Form 4
Dunlap Michael J.
DirectorPresident, COO
Transactions
- Purchase
Common Stock
2023-05-04$22.13/sh+2,500$55,325→ 163,215 total - Purchase
Series B Depositary Shares
2023-05-04$17.50/sh+1,500$26,250→ 1,500 total
Holdings
- 515.82(indirect: by ESOP)
Common Stock
Footnotes (3)
- [F1]The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.99 to $22.30 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F2]Includes 56,017 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 31,200 vesting 2/1/2024; 17,881 vesting 2/1/2025; and 6,936 vesting 2/1/2026.
- [F3]The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $17.30 to $17.67 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.