Raymond E. Reitsma - 16 Feb 2022 Form 4 Insider Report for MERCANTILE BANK CORP (MBWM)

Role
EXECUTIVE VICE PRESIDENT
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Issuer symbol
MBWM
Transactions as of
16 Feb 2022
Net transactions value
-$81,831
Form type
4
Filing time
18 Feb 2022, 16:33:01 UTC
Previous filing
03 Jan 2022
Next filing
19 Dec 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 Tax liability $81,831 -2,158 -5.2% $37.92 38,951 16 Feb 2022 Direct
holding MBWM Common Stock 21,927 16 Feb 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
holding MBWM Employee Stock Option (Right to Buy) 500 16 Feb 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 Reflects decrease of 13 401(k) shares since last report due to non-discretionary disposition of shares to cover 401(k) plan fees.