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

Role
SVP, CRO, SECRETARY, AND GC
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Stock symbol
MBWM
Transactions as of
Feb 16, 2023
Transactions value $
-$128,019
Form type
4
Date filed
2/21/2023, 03:43 PM
Previous filing
Dec 30, 2022
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBWM Common Stock Tax liability -$41.7K -1.2K -9.6% $34.75 11.3K Feb 16, 2023 Direct
transaction MBWM Common Stock Sale -$86.3K -2.48K -21.98% $34.75 8.82K Feb 16, 2023 Direct
holding MBWM Common Stock 25.2K Feb 16, 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 Feb 16, 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.