PRICE MICHAEL H 4
4 · MERCANTILE BANK CORP · Filed Jul 28, 2023
Insider Transaction Report
Form 4
PRICE MICHAEL H
DirectorChairman, President and CEO
Transactions
- Sale
Common Stock
2023-07-26$34.33/sh−2,000$68,660→ 30,080 total - Sale
Common Stock
2023-07-26$34.25/sh−2,000$68,500→ 32,080 total
Holdings
- 17,032(indirect: By 401(k))
Common Stock
- 13,511(indirect: By IRA)
Common Stock
- 2,000
Employee Stock Option (right to buy)
Exercise: $36.22From: 2018-11-17Exp: 2023-11-16→ Common Stock (2,000 underlying)
Footnotes (3)
- [F1]The previous Form 4 filed on June 15, 2023 inadvertently accounted for 2,000 unexercised option shares in the total direct holdings. As a result, this Form 4 reduces direct holdings by 2,000 shares in addition to the shares reported as disposed herein.
- [F2]Includes shares acquired pursuant to the issuer's 401(k) Plan since last report of common stock ownership.
- [F3]Includes shares acquired pursuant to dividend reinvestment plan since last report of common stock ownership.