Michael H. Price - Feb 5, 2025 Form 4 Insider Report for MERCANTILE BANK CORP (MBWM)

Role
Director
Signature
/s/ Bradley J. Wyatt, Attorney-in-Fact
Stock symbol
MBWM
Transactions as of
Feb 5, 2025
Transactions value $
-$308,495
Form type
4
Date filed
2/24/2025, 07:14 PM
Previous filing
Aug 27, 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 Sale -$308K -6.37K -29.56% $48.41 15.2K Feb 5, 2025 Direct F1
holding MBWM Common Stock 19.9K Feb 5, 2025 In 401(k) plan F2
holding MBWM Common Stock 14.3K Feb 5, 2025 IRA F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.3633 to $48.6773, inclusive. The Reporting Person undertakes to provide Mercantile Bank Corporation, any security holder of Mercantile Bank Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F2 Includes shares acquired since last report of common stock ownership by reinvesting cash dividends under the Issuer's dividend reinvestment plan.