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Sanford Advisory Services, LLC
> MBWM
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2022 | MERCANTILE BANK CORP | MBWM | 86,640 | 0 | 2,574,000 | -194,000 | $29.71 |
| 06/30/2022 | MERCANTILE BANK CORP | MBWM | 86,640 | 0 | 2,768,000 | -301,000 | $31.95 |
| 03/31/2022 | MERCANTILE BANK CORP | MBWM | 86,640 | 0 | 3,069,000 | 34,000 | $35.42 |
| 12/31/2021 | MERCANTILE BANK CORP | MBWM | 86,640 | 0 | 3,035,000 | 260,000 | $35.03 |
| 09/30/2021 | MERCANTILE BANK CORP | MBWM | 86,640 | 0 | 2,775,000 | 158,000 | $32.03 |
| 06/30/2021 | MERCANTILE BANK CORP | MBWM | 86,640 | 0 | 2,617,000 | -196,000 | $30.21 |
| 03/31/2021 | MERCANTILE BANK CORP | MBWM | 86,640 | 0 | 2,813,000 | 459,000 | $32.47 |
| 12/31/2020 | MERCANTILE BANK CORP | MBWM | 86,640 | 86,640 | 2,354,000 | 2,354,000 | $27.17 |
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