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

Role
SVP, HUMAN RESOURCES DIRECTOR
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, 06:02 PM
Previous filing
Jan 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBWM Common Stock Award $0 +2.73K +24.32% $0.00 14K Dec 14, 2023 Direct F1, F2
holding MBWM Common Stock 971 Dec 14, 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.