MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

RAMSEY QUANTITATIVE SYSTEMS's Holding History (CIK: 0001132897)

Note: Option positions (PUT/CALL) are excluded.

Q4 2018

Shares 4,313 Value ($000) $122 Avg Close $23.28 Range $20.34 - $26.17

Q3 2018

Shares 4,317 Value ($000) $144 Avg Close $26.41 Range $24.55 - $28.44

Q2 2018

Shares 2,659 Value ($000) $98 Avg Close $26.43 Range $24.25 - $28.08

Q1 2018

Shares 2,162 Value ($000) $72 Avg Close $25.60 Range $23.81 - $27.39

Q4 2017

Shares 1,920 Value ($000) $68 Avg Close $26.15 Range $24.52 - $27.67

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	4,313	$122	$23.28	$20.34 - $26.17
Q3 2018	4,317	$144	$26.41	$24.55 - $28.44
Q2 2018	2,659	$98	$26.43	$24.25 - $28.08
Q1 2018	2,162	$72	$25.60	$23.81 - $27.39
Q4 2017	1,920	$68	$26.15	$24.52 - $27.67