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

Role
SVP, HUMAN RESOURCES DIRECTOR
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Issuer symbol
MBWM
Transactions as of
24 Jan 2022
Net transactions value
-$146,148
Form type
4
Filing time
26 Jan 2022, 18:26:02 UTC
Previous filing
03 Jan 2022
Next filing
18 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBWM Common Stock Sale $65,938 -1,714 -12% $38.47 12,519 24 Jan 2022 Direct
transaction MBWM Common Stock Options Exercise $18,110 +500 +4% $36.22 13,019 24 Jan 2022 Direct
transaction MBWM Common Stock Sale $19,120 -500 -3.8% $38.24 12,519 24 Jan 2022 Direct
transaction MBWM Common Stock Sale $79,200 -2,000 -100% $39.60 0 26 Jan 2022 by IRA
holding MBWM Common Stock 23,123 24 Jan 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% $0.000000* 0 24 Jan 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.