Worthington Robert T. - 16 Feb 2023 Form 4 Insider Report for MERCANTILE BANK CORP (MBWM)

Role
SVP, CRO, SECRETARY, AND GC
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Issuer symbol
MBWM
Transactions as of
16 Feb 2023
Net transactions value
-$128,019
Form type
4
Filing time
21 Feb 2023, 15:43:43 UTC
Previous filing
30 Dec 2022
Next filing
18 Dec 2023
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 $41,700 -1,200 -9.6% $34.75 11,299 16 Feb 2023 Direct
transaction MBWM Common Stock Sale $86,319 -2,484 -22% $34.75 8,815 16 Feb 2023 Direct
holding MBWM Common Stock 25,155 16 Feb 2023 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 2023 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 Includes shares acquired pursuant to the issuer's 401(k) Plan since last report of common stock ownership.