false 0001042729 0001042729 2023-10-17 2023-10-17
 
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): October 17, 2023
 
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))
 
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
 
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.          ☐
 
 

 
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
Announcement of Management Succession Plan
 
On October 17, 2023, Mercantile Bank Corporation (“Mercantile”) announced that Robert B. Kaminski, Jr. intends to retire as President and Chief Executive Officer of Mercantile and Raymond E. Reitsma will be appointed to those positions effective June 1, 2024. Mr. Kaminski also intends to retire as Chief Executive Officer of Mercantile’s wholly-owned subsidiary, Mercantile Bank (the “Bank”). Mr. Kaminski will continue to serve as a director of the Board of Directors of Mercantile following Mr. Reitsma’s appointment. Mr. Reitsma will continue in his current role as Executive Vice President and Chief Operating Officer of Mercantile until June 1, 2024. Mr. Reitsma’s role as President of the Bank will not be affected by the management succession plan.
 
A copy of the press release announcing the management succession plan is attached as Exhibit 99.1 to this report and is incorporated here by reference.
 
Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits.
 
Exhibit
Number
Description
   
99.1
Press release of Mercantile Bank Corporation dated October 17, 2023, announcing management succession plan
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
2

 
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 E. Christmas
 
   
Executive Vice President, Chief
 
   
Financial Officer and Treasurer
 
 
Date: October 17, 2023
 
3

 
Exhibit Index
 
Exhibit
Number
Description
   
99.1
Press release of Mercantile Bank Corporation dated October 17, 2023, announcing management succession plan
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)