Wiersma Lonna 4
4 · MERCANTILE BANK CORP · Filed Dec 21, 2020
Insider Transaction Report
Form 4
Wiersma Lonna
SVP, Human Resources Director
Transactions
- Award
Common Stock
2020-12-17+3,519→ 10,896 total - Disposition to Issuer
Common Stock
2020-12-17−3,335→ 7,561 total
Holdings
- 7,500
Common Stock
- 22,421(indirect: By 401(k))
Common Stock
- 500
Employee Stock Option (Common Stock - Right to Buy)
Exercise: $36.22From: 2018-11-17Exp: 2023-11-16→ Common Stock (500 underlying)
Footnotes (2)
- [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.