Charles E. Christmas - Aug 25, 2021 Form 4 Insider Report for MERCANTILE BANK CORP (MBWM)

Role
EVP AND CFO
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Stock symbol
MBWM
Transactions as of
Aug 25, 2021
Transactions value $
$49,810
Form type
4
Date filed
8/26/2021, 08:18 PM
Next filing
Dec 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBWM Common Stock Options Exercise $22.2K +1K +2.39% $22.15 42.9K Aug 25, 2021 Direct F1
transaction MBWM Common Stock Options Exercise $27.7K +1K +2.33% $27.66 43.9K Aug 25, 2021 Direct F2
holding MBWM Common Stock 433 Aug 25, 2021 By spouse in IRA
holding MBWM Common Stock 41.2K Aug 25, 2021 401(k) Plan F3
holding MBWM Common Stock 1.78K Aug 25, 2021 401(k) Plan for spouse F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MBWM Employee Stock Option (right to buy) Options Exercise $0 -1K -100% $0.00* 0 Aug 25, 2021 Common Stock 1K $22.15 Direct
transaction MBWM Employee Stock Option (right to buy) Options Exercise $0 -1K -100% $0.00* 0 Aug 25, 2021 Common Stock 1K $27.66 Direct
holding MBWM Employee Stock Option (right to buy) 1K Aug 25, 2021 Common Stock 1K $36.22 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired since last report of common stock ownership by reinvesting cash dividends under the issuer's dividend reinvestment plan.
F2 Includes shares acquired since last report of common stock ownership by reinvesting cash dividends under the issuer's dividend reinvestment plan.
F3 Includes shares acquired pursuant to issuer's 401(k) Plan since last report of common stock ownership.