Michael H. Price - 25 Jan 2022 Form 4 Insider Report for MERCANTILE BANK CORP (MBWM)

Role
Director
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Issuer symbol
MBWM
Transactions as of
25 Jan 2022
Net transactions value
-$41,109
Form type
4
Filing time
27 Jan 2022, 19:14:09 UTC
Previous filing
03 Jun 2021
Next filing
27 May 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 $41,109 -1,053 -2.3% $39.04 43,889 25 Jan 2022 Direct F1
holding MBWM Common Stock 16,125 25 Jan 2022 In 401(k) plan F2

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
holding MBWM Employee Stock Option (right to buy) 2,000 25 Jan 2022 Common Stock 2,000 $36.22 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.01 and $39.08, inclusive. The reporting person undertakes to provide to Mercantile Bank Corporation, any security holder of Mercantile Bank Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
F2 Includes shares acquired pursuant to the issuer's 401(k) Plan since last report of common stock ownership.