ROBERT B. KAMINSKI - 25 Jan 2022 Form 4 Insider Report for MERCANTILE BANK CORP (MBWM)

Role
PRESIDENT, CEO, Director
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Issuer symbol
MBWM
Transactions as of
25 Jan 2022
Net transactions value
-$36.65
Form type
4
Filing time
27 Jan 2022, 16:46:35 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 Options Exercise $33,192 +1,200 +1.5% $27.66 83,749 25 Jan 2022 Direct
transaction MBWM Common Stock Tax liability $33,229 -871 -1% $38.15 82,878 25 Jan 2022 Direct
holding MBWM Common Stock 31,551 25 Jan 2022 In 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 (right to buy) Options Exercise $0 -1,200 -100% $0.000000* 0 25 Jan 2022 Common Stock 1,200 $27.66 Direct
holding MBWM Employee Stock Option (right to buy) 1,500 25 Jan 2022 Common Stock 1,500 $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.