SULLIVAN THOMAS R 4
4 · MERCANTILE BANK CORP · Filed Oct 30, 2017
Insider Transaction Report
Form 4
SULLIVAN THOMAS R
DirectorChairman of the Board
Transactions
- Sale
Common Stock
2017-10-26$37.21/sh−1,000$37,210→ 48,574 total(indirect: By IRA) - Sale
Common Stock
2017-10-27$37.31/sh−4,800$179,088→ 43,774 total(indirect: By IRA)
Holdings
- 1,488
Employee Stock Option (Common Stock - right to buy)
Exercise: $22.14From: 2016-11-13Exp: 2021-11-12→ Common Stock (1,488 underlying) - 7,000
Employee Stock Option (Common Stock - right to buy)
Exercise: $7.80From: 2014-06-01Exp: 2018-11-24→ Common Stock (7,000 underlying) - 620
Employee Stock Option (Common Stock - right to buy)
Exercise: $27.66From: 2017-11-19Exp: 2022-11-18→ Common Stock (620 underlying) - 20,273
Common Stock
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.20 to $37.22, 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.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.21 to $37.40, 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.