Company: MBINL
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001104659-25-032188
Chunk: 46

Company: Merchants Bancorp
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 46
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:

| Plan category                                              |     | Number of securities to 
 be issued upon exercise 
 of outstanding options, 
 warrants and rights (a) |     | Weighted-average        
 exercise price of       
 outstanding options,    
 warrants and rights (b) |     | Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) |
| Equity compensation plans approved by security holders     |     | -                       |     | N/A                     |     |                                                                                                                                   1,974,344 |
| Equity compensation plans not approved by security holders |     | -                       |     | N/A                     |     |                                                                                                                                           - |
| Total                                                      |     | -                       |     | N/A                     |     |                                                                                                                                   1,974,344 |

We do not currently have any compensation plans under which equity securities are authorized for issuance that have not been approved by security holders. DELINQUENT SECTION 16(a) REPORTS Section 16(a) of the Exchange Act requires our directors and executive officers and persons who own more than 10% of a registered class of our equity securities to file reports of ownership of, and transactions in, our equity securities with the SEC. Our directors and executive officers are also required to furnish us with copies of all such Section 16(a) reports they file. These reports are available on our website ( investors.merchantsbancorp.com) under the filings section. Based on a review of these reports, and on written representations from our reporting persons, we believe that all such Section 16(a) filing requirements applicable to our directors and executive officers were satisfied during 2024 with the exception of a Form 4 for each Mr. Koors and Mr. Langford that were not filed on time for bona fide gifts of our common stock. CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS In addition to the compensation arrangements with directors and executive officers described in Executive Compensationabove, the following is a description of transactions since January 1, 2024, to which we have been a party in which the amount involved exceeded or will exceed $120,000, and in which any of our directors, executive officers, or beneficial holders of more than 5% of our capital stock, or their immediate family members or entities affiliated with them, had or will have a direct or indirect material interest. Employment Relationships with Related Parties We employ Matt Kaercher, the son-in-law of our Chairman and Chief Executive Officer, Michael J. Petrie