Form 4 for MBIN Merchants Bancorp
Accepted 2025-01-29 00:00:00 ET · period of report 2025-01-28 · accession 0001562180-25-000666 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| T | 2025-01-29 | 2025-01-28 | MBIN | Evans Scott A. | Lynn Market Pres, Dir | A - Grant | $0.00 | +4,476 | 52.6K | +9% | $0 |
| T | 2025-01-29 | 2025-01-29 | MBIN | Evans Scott A. | Lynn Market Pres, Dir | S - Sale | $43.10 | -25.0K | 27.6K | -48% | -$1.08M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-01-28 | A | A | 4,476 | $0.00 | 52,606 | D | — | — | (F1) Unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vesting and shares are issued: 1,492 vesting 2/1/2026; 1,492 vesting 2/1/2027, and 1,492 vesting 2/1/2028. (F2) Includes 18,144 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,981 vesting 2/1/2025; 5,636 vesting 2/1/2026; 4,035 vesting 2/1/2027, and 1,492 vesting 2/1/2028. |
| 2 | Common | Common Stock | 2025-01-29 | S | D | 25,000 | $43.10 | 27,606 | D | — | — | (F3) Sales were pursuant to a 10b5-1 stock trading plan dated August 7, 2024 (F4) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.00 to $43.82 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 18,144 unvested restricted stock units for which the reporting person does not have voting rights or receive dividends until vested and shares are issued: 6,981 vesting 2/1/2025; 5,636 vesting 2/1/2026; 4,035 vesting 2/1/2027, and 1,492 vesting 2/1/2028. |