Charles E. Christmas - Dec 15, 2022 Form 4 Insider Report for MERCANTILE BANK CORP (MBWM)

Role
EVP AND CFO
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Stock symbol
MBWM
Transactions as of
Dec 15, 2022
Transactions value $
$0
Form type
4
Date filed
12/19/2022, 02:49 PM
Previous filing
Feb 18, 2022
Next filing
Dec 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBWM Common Stock Award $0 +5.54K +9.31% $0.00 65K Dec 15, 2022 Direct F1
holding MBWM Common Stock 453 Dec 15, 2022 By spouse in IRA
holding MBWM Common Stock 43.7K Dec 15, 2022 401(k) Plan F2
holding MBWM Common Stock 1.86K Dec 15, 2022 401(k) Plan for spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This award of shares is being made pursuant to the Issuer's performance-based restricted stock award agreement, such that a portion or all of this award of restricted stock may be forfeited in the future if certain performance metrics are not met.
F2 Includes shares acquired pursuant to the issuer's 401(k) Plan since last report of common stock ownership.