PRICE MICHAEL H 4
4 · MERCANTILE BANK CORP · Filed Oct 24, 2019
Insider Transaction Report
Form 4
PRICE MICHAEL H
DirectorChairman, President and CEO
Transactions
- Sale
Common Stock
2019-10-22$35.48/sh−2,947$104,560→ 53,259 total - Exercise/Conversion
Common Stock
2019-10-22$22.15/sh+2,000$44,300→ 54,206 total - Exercise/Conversion
Employee Stock Option (right to buy)
2019-10-22−2,000→ 0 totalExercise: $22.15From: 2016-11-13Exp: 2021-11-12→ Common Stock (2,000 underlying) - Exercise/Conversion
Common Stock
2019-10-22$27.66/sh+2,000$55,320→ 56,206 total - Exercise/Conversion
Employee Stock Option (right to buy)
2019-10-22−2,000→ 0 totalExercise: $27.66From: 2017-11-19Exp: 2022-11-18→ Common Stock (2,000 underlying)
Holdings
- 2,000
Employee Stock Option (right to buy)
Exercise: $36.22From: 2018-11-17Exp: 2023-11-16→ Common Stock (2,000 underlying) - 14,571(indirect: By 401(k))
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 $35.27 to $35.65, 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]Includes shares acquired pursuant to the issuer's 401(k) Plan since last report of common stock ownership.