Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: We made no unregistered sales of equity securities during the quarter ended June 30, 2021.
+Added: We made no unregistered sales of equity securities during the quarter ended September 30, 2021.
Issuer Purchases of Equity Securities
3 unchanged sentences
The program may be discontinued at any time.
−Removed: MERCANTILE BANK CORPORATION
−Removed: During the second quarter of 2021, we repurchased a total of 228,649 shares for $7.3 million, or a weighted average all-in cost per share of $31.99.
+Added: During the third quarter of 2021, we repurchased a total of 288,863 shares for $8.9 million, at a weighted average all-in cost per share of $30.97.
The stock buybacks have been funded from cash dividends paid to us from our bank.
Additional repurchases may be made in future periods under the authorized plan or a new plan, which would also likely be funded from cash dividends paid to us from our bank.
−Removed: Repurchases made during the second quarter of 2021 are detailed in the table below.
+Added: Repurchases made during the third quarter of 2021 are detailed in the table below.
Price Paid Per
6 unchanged sentences
Plans or Programs
−Removed: April 1 – 30
−Removed: May 1 – 31
−Removed: June 1 – 30
+Added: July 1 –
+Added: August 1 –
+Added: September 1 –
Defaults Upon Senior Securities.
2 unchanged sentences
Not applicable.
+Added: MERCANTILE BANK CORPORATION
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.