CHARLES E. CHRISTMAS - 25 Aug 2021 Form 4 Insider Report for MERCANTILE BANK CORP (MBWM)

Role
EVP AND CFO
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Issuer symbol
MBWM
Transactions as of
25 Aug 2021
Net transactions value
+$49,810
Form type
4
Filing time
26 Aug 2021, 20:18:42 UTC
Next filing
20 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBWM Common Stock Options Exercise $22,150 +1,000 +2.4% $22.15 42,920 25 Aug 2021 Direct F1
transaction MBWM Common Stock Options Exercise $27,660 +1,000 +2.3% $27.66 43,920 25 Aug 2021 Direct F2
holding MBWM Common Stock 433 25 Aug 2021 By spouse in IRA
holding MBWM Common Stock 41,180 25 Aug 2021 401(k) Plan F3
holding MBWM Common Stock 1,779 25 Aug 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 -1,000 -100% $0.000000* 0 25 Aug 2021 Common Stock 1,000 $22.15 Direct
transaction MBWM Employee Stock Option (right to buy) Options Exercise $0 -1,000 -100% $0.000000* 0 25 Aug 2021 Common Stock 1,000 $27.66 Direct
holding MBWM Employee Stock Option (right to buy) 1,000 25 Aug 2021 Common Stock 1,000 $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.