Brett Hoover - 14 Dec 2023 Form 4 Insider Report for MERCANTILE BANK CORP (MBWM)

Role
SVP, HUMAN RESOURCES 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, 18:02:19 UTC
Previous filing
09 Jan 2023
Next filing
10 Feb 2025
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 +2,734 +24% $0.000000 13,975 14 Dec 2023 Direct F1, F2
holding MBWM Common Stock 971 14 Dec 2023 401(k) Plan F3
* 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 since last report of common stock ownership by reinvesting cash dividends under the issuer's dividend reinvestment plan.
F3 Includes shares acquired pursuant to the Issuer's 401(k) Plan since last report of common stock ownership.