Worthington Robert T. 4
4 · MERCANTILE BANK CORP · Filed Dec 21, 2020
Insider Transaction Report
Form 4
Worthington Robert T.
SENIOR V.P., GENERAL COUNSEL
Transactions
- Award
Common Stock
2020-12-17+3,379→ 12,225 total - Disposition to Issuer
Common Stock
2020-12-17−3,446→ 8,779 total
Holdings
- 500
Employee Stock Option (right to buy)
Exercise: $36.22From: 2018-11-17Exp: 2023-11-16→ Common Stock (500 underlying) - 17,906(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]This award of shares is being made pursuant to the Issuer's performance-based restricted stock award agreement, such that a portion or all of this award of restricted stock may be forfeited in the future if certain performance metrics are not met.
- [F2]Forfeiture of certain shares initially granted 11/29/2018 and 11/21/2019 that were subject to unsatisfied performance vesting criteria.
- [F3]Includes shares acquired pursuant to the issuer's 401(k) Plan since last report of common stock ownership.