Raymond E. Reitsma - 14 Dec 2023 Form 4 Insider Report for MERCANTILE BANK CORP (MBWM)

Role
EXECUTIVE VICE PRESIDENT, Director
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Issuer symbol
MBWM
Transactions as of
14 Dec 2023
Net transactions value
$0
Form type
4
Filing time
18 Dec 2023, 17:40:14 UTC
Previous filing
21 Feb 2023
Next filing
20 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBWM Common Stock Award $0 +7,860 +17% $0.000000 54,964 14 Dec 2023 Direct F1
holding MBWM Common Stock 21,555 14 Dec 2023 In 401(k) plan F2
holding MBWM Common Stock 2,153 14 Dec 2023 IRA
* 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.