Scott P. Setlock - 06 Feb 2025 Form 4 Insider Report for MERCANTILE BANK CORP (MBWM)

Role
EVP, COO, & SECRETARY
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Issuer symbol
MBWM
Transactions as of
06 Feb 2025
Net transactions value
$0
Form type
4
Filing time
10 Feb 2025, 16:58:32 UTC
Previous filing
19 Dec 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 +2,034 +11% $0.000000 19,829 06 Feb 2025 Direct F1
transaction MBWM Common Stock Award $0 +1,095 +5.5% $0.000000 20,924 06 Feb 2025 Direct
holding MBWM Common Stock 8,670 06 Feb 2025 In 401(k) plan 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.