Jon Swets - Nov 10, 2021 Form 4 Insider Report for MACATAWA BANK CORP (MCBC)

Role
Chief Financial Officer
Signature
/s/ G. Charles Goode, By Power of Attorney
Stock symbol
MCBC
Transactions as of
Nov 10, 2021
Transactions value $
$0
Form type
4
Date filed
11/12/2021, 11:21 AM
Next filing
Dec 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCBC Common Stock Award $0 +7.42K +5.86% $0.00 134K Nov 10, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reports the grant of shares of restricted stock under the Macatawa Bank Corporation Stock Incentive Plan of 2015 ("Plan"). These shares will vest at the rate of one-third each year beginning on November 10, 2022, and will be fully vested on November 10, 2024. Before vesting, these shares will remain subject to restrictions in accordance with the Plan and the terms of the grant.