SEC Form 4 · accession 0001415889-16-006931
MERCANTILE BANK CORP · MBWM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael H Price
Officer — CHAIRMAN, PRESIDENT AND CEO · Director
Period of report
Aug 18, 2016
Accepted (ET)
Aug 19, 2016 · 4:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001042729
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 18, 2016 | S | 12,462 | $25.81 | D | 59,712 | D | |
| Common Stock | Aug 19, 2016 | S | 900 | $25.75 | D | 58,812 | D | |
| Common Stock | holding | — | — | — | 13,001 | I | In 401(k) plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.75 to $25.87, inclusive. The reporting person undertakes to provide to 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 the preceding sentence.