Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (date of earliest event reported): May 23, 2024

Mercantile Bank Corporation

(Exact name of registrant as specified in its charter)

Michigan	000-26719	38-3360865
(State or other jurisdiction	(Commission File	(IRS Employer
of incorporation)	Number)	Identification Number)

310 Leonard Street NW, Grand Rapids, Michigan	49504
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code	616-406-3000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	MBWM	The Nasdaq Stock Market LLC

Item 5.07

Submission of Matters to a Vote of Security Holders.

An annual meeting of our shareholders was held on May 23, 2024 (the “Annual Meeting”). At the Annual Meeting, our shareholders voted on each of the following three matters:

●

election of eight directors, each for a one-year term;

●

ratification of the appointment of Plante & Moran, PLLC as our independent registered public accounting firm for 2024; and

●

an advisory vote to approve the compensation of our named executive officers disclosed in our proxy statement for the Annual Meeting.

The final vote results for each of these three matters is set forth below.

The votes cast on the election of directors were as follows:

Nominee	Votes For	Votes Withheld	Abstentions	Broker Non-Votes
Michael S. Davenport	9,541,236	349,827	0	2,602,807
Michelle L. Eldridge	9,560,281	330,782	0	2,602,807
Robert B. Kaminski, Jr.	9,678,717	212,346	0	2,602,807
Michael H. Price	9,665,436	225,627	0	2,602,807
David B. Ramaker	9,063,738	827,324	0	2,602,807
Raymond E. Reitsma	9,641,187	249,876	0	2,602,807
Nelson F. Sanchez	9,798,778	92,285	0	2,602,807
Amy L. Sparks	9,763,098	127,965	0	2,602,807

The votes cast on the ratification of the appointment of Plante & Moran, PLLC as our independent registered public accounting firm for 2024 were as follows:

Votes For	Votes Against	Abstentions	Broker Non-Votes
12,399,286	79,936	14,648	0

The votes cast on the advisory vote to approve the compensation of our named executive officers disclosed in our proxy statement for the Annual Meeting were as follows:

Votes For	Votes Against	Abstentions	Broker Non-Votes
9,328,413	382,320	180,329	2,602,807

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number Description

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Mercantile Bank Corporation

	By:	/s/ Charles Christmas
		Charles E. Christmas Executive Vice President, Chief Financial Officer and Treasurer

Date: May 23, 2024

Document And Entity Information	May 23, 2024
Document Information [Line Items]
Entity, Registrant Name	Mercantile Bank Corporation
Document, Type	8-K
Document, Period End Date	May 23, 2024
Entity, Incorporation, State or Country Code	MI
Entity, File Number	000-26719
Entity, Tax Identification Number	38-3360865
Entity, Address, Address Line One	310 Leonard Street NW
Entity, Address, City or Town	Grand Rapids
Entity, Address, State or Province	MI
Entity, Address, Postal Zip Code	49504
City Area Code	616
Local Phone Number	406-3000
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity, Emerging Growth Company	false
Title of 12(b) Security	Common Stock
Trading Symbol	MBWM
Security Exchange Name	NASDAQ
Amendment Flag	false
Entity, Central Index Key	0001042729