Dury Michael R. 4
4 · Merchants Bancorp · Filed Aug 5, 2024
Insider Transaction Report
Form 4
Dury Michael R.
CEO of Merchants Capital
Transactions
- Purchase
Common Stock
2024-08-05$38.48/sh+3,300$126,984→ 91,893 total - Purchase
Common Stock
2024-08-05$39.11/sh+1,900$74,309→ 93,793 total
Holdings
- 26,000
Series C Depositary Shares
- 4,000
Series D Depositary Shares
- 18,200(indirect: By Trust)
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 $37.96 to $38.96 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 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.
- [F3]The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $38.97 to $39.32 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.