Lonna Wiersma - Jan 24, 2022 Form 4 Insider Report for MERCANTILE BANK CORP (MBWM)

Role
SVP, HUMAN RESOURCES DIRECTOR
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Stock symbol
MBWM
Transactions as of
Jan 24, 2022
Transactions value $
-$146,148
Form type
4
Date filed
1/26/2022, 06:26 PM
Previous filing
Jan 3, 2022
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBWM Common Stock Sale -$65.9K -1.71K -12.04% $38.47 12.5K Jan 24, 2022 Direct
transaction MBWM Common Stock Options Exercise $18.1K +500 +3.99% $36.22 13K Jan 24, 2022 Direct
transaction MBWM Common Stock Sale -$19.1K -500 -3.84% $38.24 12.5K Jan 24, 2022 Direct
transaction MBWM Common Stock Sale -$79.2K -2K -100% $39.60 0 Jan 26, 2022 by IRA
holding MBWM Common Stock 23.1K Jan 24, 2022 401(k) Plan F1

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 (Common Stock - Right to Buy) Options Exercise $0 -500 -100% $0.00* 0 Jan 24, 2022 Common Stock 500 $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 pursuant to the issuer's 401(k) Plan since last report of common stock ownership.