Filing Details

Accession Number:
0001415889-17-000989
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-06-14 18:02:36
Reporting Period:
2017-06-12
Filing Date:
2017-06-14
Accepted Time:
2017-06-14 18:02:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1042729 Mercantile Bank Corp MBWM State Commercial Banks (6022) 383360865
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1185832 R Thomas Sullivan C/O Mercantile Bank Corporation
310 Leonard Street
Grand Rapids MI 49504
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2017-06-12 500 $33.80 66,926 No 4 S Indirect by IRA
Common Stock Disposition 2017-06-12 3,301 $34.29 63,625 No 4 S Indirect by IRA
Common Stock Disposition 2017-06-13 2,797 $33.24 60,828 No 4 S Indirect by IRA
Common Stock Disposition 2017-06-14 515 $33.00 60,313 No 4 S Indirect by IRA
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect by IRA
No 4 S Indirect by IRA
No 4 S Indirect by IRA
No 4 S Indirect by IRA
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 19,523 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option (Common Stock - right to buy) $7.80 2014-06-01 2018-11-24 7,000 7,000 Direct
Common Stock Employee Stock Option (Common Stock - right to buy) $22.14 2016-11-13 2021-11-12 1,488 1,488 Direct
Common Stock Employee Stock Option (Common Stock - right to buy) $27.66 2017-11-19 2022-11-18 620 620 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2018-11-24 7,000 7,000 Direct
2021-11-12 1,488 1,488 Direct
2022-11-18 620 620 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.20 to $34.11, 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.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.29 to $34.31, 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.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.15 to $33.30, 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.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.00 to $33.10, 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.