Current Report Filing (8-k)
August 20 2020 - 4:06PM
Edgar (US Regulatory)
United
States
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event
reported): August 20, 2020
Merchants Bancorp
(Exact Name of Registrant as Specified
in its Charter)
Indiana
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001-38258
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20-5747400
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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410 Monon Boulevard
Carmel, Indiana
46032
(Address of Principal Executive Offices) (Zip Code)
(317) 569-7420
(Registrant’s Telephone Number, Including
Area Code)
Not
Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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¨
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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¨
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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¨
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section
12(b) of the Act:
Title of each class
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Trading
Symbol(s)
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Name of each exchange on which registered
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Common Stock, without par value
Series A Preferred Stock, without par value
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MBIN
MBINP
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NASDAQ
NASDAQ
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Depositary
Shares, each representing a 1/40th interest in a share of Series B Preferred Stock, without par value
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MBINO
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NASDAQ
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Indicate by check mark whether the
registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this
chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
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x
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If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a)
of the Exchange Act. ¨
Item 8.01 Other Events.
On August 20, 2020, the Company issued a press release announcing
that the Company’s Board of Directors declared quarterly cash dividends of $0.08 per share on the Company’s outstanding
shares of common stock, $0.4375 per share on the Company’s 7.00% Fixed-to-Floating
Rate Series A Non-Cumulative Perpetual Preferred Stock (“Series A Preferred Stock”), and $15.00 per share (equivalent
to $0.375 per depositary share) on the Company’s 6% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred
Stock (“Series B Preferred Stock”). For each of the common stock, Series A Preferred Stock, and Series B Preferred
Stock, the dividends are payable on October 1, 2020 to shareholders of record on September 15, 2020. The press release has been
attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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MERCHANTS BANCORP
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Date: August 20, 2020
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By:
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/s/ Terry A. Oznick
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Name: Terry A. Oznick
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Title: General Counsel
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