SEC Form 4 · accession 0001415889-18-000343

MERCANTILE BANK CORP · MBWM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Mar 1, 2018

Accepted (ET)

Mar 5, 2018 · 5:32 pm EST

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
Common Stock	Mar 1, 2018	S	1,930	$34.09	D	20,143	D
Common Stock^F1	Mar 1, 2018	S	1,000	$34.23	D	19,143	D
Common Stock^F2	Mar 2, 2018	S	2,500	$34.24	D	16,643	D
Common Stock	Mar 2, 2018	S	500	$34.50	D	16,143	D
Common Stock	Mar 2, 2018	S	1,000	$34.70	D	15,143	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (Common Stock - right to buy)	$22.14	holding	—	—	—	Nov 13, 2016	Nov 12, 2021	Common Stock	1,488	1,488	D
Employee Stock Option (Common Stock - right to buy)	$27.66	holding	—	—	—	Nov 19, 2017	Nov 18, 2022	Common Stock	620	620	D

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.20 to $34.25, 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.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.24 to $34.25, 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.