Raymond E. Reitsma - 16 Feb 2023 Form 4 Insider Report for MERCANTILE BANK CORP (MBWM)

Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Issuer symbol
MBWM
Transactions as of
16 Feb 2023
Net transactions value
-$121,660
Form type
4
Filing time
21 Feb 2023, 15:50:43 UTC
Previous filing
30 Dec 2022
Next filing
18 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBWM Common Stock Tax liability $121,660 -3,501 -6.9% $34.75 47,104 16 Feb 2023 Direct
holding MBWM Common Stock 20,546 16 Feb 2023 In 401(k) plan
holding MBWM Common Stock 2,153 16 Feb 2023 IRA

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.