Dury Michael R. 4
4 · Merchants Bancorp · Filed May 20, 2024
Insider Transaction Report
Form 4
Dury Michael R.
CEO of Merchants Capital
Transactions
- Disposition to Issuer
Series A Preferred Stock
2024-04-01$25.00/sh−4,000$100,000→ 0 total
Holdings
- 82,593
Common Stock
- 26,000
Series C Depositary Shares
- 18,200(indirect: By Trust)
Common Stock
- 4,000
Series D Depositary Shares
Footnotes (2)
- [F1]Redemption by the issuer of all outstanding shares of Series A preferred stock at the liquidation preference prescribed by the issuer's Articles.
- [F2]Includes 16,584 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 8,540 vesting 2/1/2025; 4,993 vesting 2/1/2026, and 3,051 vesting 2/1/2027.