SEC Form 4 · accession 0001415889-17-001692
MERCANTILE BANK CORP · MBWM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert B Kaminski
Officer — PRESIDENT, CEO · Director
Period of report
Oct 20, 2017
Accepted (ET)
Oct 24, 2017 · 5:00 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 Stock | Oct 20, 2017 | M | 1,000 | $22.15 | A | 35,322 | D | |
| Common StockF1 | Oct 20, 2017 | F | 593 | $37.30 | D | 34,729 | D | |
| Common StockF2 | holding | — | — | — | 24,050 | I | In 401(k) plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $22.15 | Oct 20, 2017 | M | 1,000 | D | Nov 13, 2016 | Nov 12, 2021 | Common Stock | 1,000 | 0 | D |
| Employee Stock Option (right to buy) | $27.66 | holding | — | — | — | Nov 19, 2017 | Nov 18, 2022 | Common Stock | 1,200 | 1,200 | D |
| Employee Stock Option (right to buy) | $36.22 | holding | — | — | — | Nov 17, 2018 | Nov 16, 2023 | Common Stock | 1,500 | 1,500 | D |
Explanation of responses
- F1In accordance with the terms of the applicable stock option award agreement, the reporting person paid the exercise price for the options by surrendering 593 shares to the issuer and paying $31.10 in cash in lieu of a fractional share.
- F2Includes shares acquired pursuant to the issuer's 401(k) Plan since last report of common stock ownership.