Charles E. Christmas - Dec 14, 2023 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 14, 2023
Transactions value $
$0
Form type
4
Date filed
12/18/2023, 05:41 PM
Previous filing
Feb 21, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBWM Common Stock Award $0 +4.64K +7.02% $0.00 70.7K Dec 14, 2023 Direct F1
holding MBWM Common Stock 46K Dec 14, 2023 401(k) Plan F2
holding MBWM Common Stock 477 Dec 14, 2023 By spouse in IRA F3
holding MBWM Common Stock 1.93K Dec 14, 2023 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.
F3 Includes shares acquired since last report of common stock ownership by reinvesting cash dividends under the Issuer's dividend reinvestment plan.