David B. Ramaker - Aug 18, 2022 Form 4 Insider Report for MERCANTILE BANK CORP (MBWM)

Role: Director
Signature: /s/ Bradley J. Wyatt, Attorney-in-Fact
Stock symbol: MBWM
Transactions as of: Aug 18, 2022
Transactions value $: $109,740
Form type: 4
Date filed: 8/22/2022, 03:16 PM
Previous filing: May 27, 2022
Next filing: Jan 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MBWM	Common Stock	Purchase	$110K	+3K	+103.66%	$36.58	5.89K	Aug 18, 2022	Direct	F1, F2

* 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 purchased in multiple transactions at prices ranging from $36.40 to $36.69, 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 920 shares that were properly reported as acquired but excluded in prior Form 4 filing from this column due to a mathematical error.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $36.40 to $36.69, 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.

Includes 920 shares that were properly reported as acquired but excluded in prior Form 4 filing from this column due to a mathematical error.