Exhibit 107
Calculation of Filing Fee Tables
FORM S-8
(Form Type)
FIRST MERCHANTS CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
Security Type | Security Title | Fee Calculation Rule | Amount Registered(1) | Proposed Maximum Offering Price Per Unit(2) | Maximum Price | Fee Rate | Amount of Registration Fee | |||||||
Equity | Common Stock, no par value | Rule 457(c) and Rule 457(h) | 1,400,000(3) | $32.57 | $45,598,000 | $0.0001476 | $6,730.26 | |||||||
Equity | Common Stock, no par value | Rule 457(c) and Rule 457(h) | 1,200,000(4) | $32.57 | $39,084,000 | $0.0001476 | $5,768.80 | |||||||
Equity | Common Stock, no par value | Rule 457(c) and Rule 457(h) | 600,000(5) | $32.57 | $19,542,000 | $0.0001476 | $2,884.40 | |||||||
Total Offering Amounts | $104,224,000 | $15,383.46 | ||||||||||||
Total Fee Offsets | — | |||||||||||||
Net Fee Due | $15,383.46 |
(1) | Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of the Registrant’s Common Stock that become issuable under the First Merchants Corporation 2024 Long-Term Equity Incentive Plan (the “2024 LTEIP”), the First Merchants Corporation 2024 Employee Stock Purchase Plan (the “2024 ESPP”), and the First Merchants Corporation Equity Compensation Plan for Non-Employee Directors (the “2024 Director Plan”) by reason of any stock dividend, stock split, recapitalization, or similar transaction effected without the Registrant’s receipt of consideration which would increase the number of outstanding shares of Common Stock. |
(2) | This estimate is made pursuant to Rule 457(c) and Rule 457(h) of the Securities Act solely for purposes of calculating the registration fee. The Proposed Maximum Offering Price Per Unit for shares available for future grant under the 2024 LTEIP, the 2024 ESPP, and the 2024 Director Plan is the average of the high and low prices for the Registrant’s Common Stock as reported on the Nasdaq Global Select Market on May 31, 2024, which was $32.57. |
(3) | Represents 1,400,000 shares of Common Stock reserved for future issuance under the 2024 LTEIP. |
(4) | Represents 1,200,000 shares of Common Stock reserved for future issuance under the 2024 ESPP. |
(5) | Represents 600,000 shares of Common Stock reserved for future issuance under the 2024 Director Plan. |