MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

Aperio Group, LLC's Holding History (CIK: 0001364615)

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

Q2 2020

Shares 16,170 Value ($000) $365 Avg Close $17.76 Range $14.98 - $20.99

Q1 2020

Shares 14,386 Value ($000) $305 Avg Close $24.07 Range $15.19 - $29.58

Q4 2019

Shares 8,780 Value ($000) $320 Avg Close $27.83 Range $24.96 - $29.70

Q3 2019

Shares 9,078 Value ($000) $298 Avg Close $25.24 Range $23.31 - $26.97

Q2 2019

Shares 4,468 Value ($000) $146 Avg Close $25.50 Range $23.74 - $26.93

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2020	16,170	$365	$17.76	$14.98 - $20.99
Q1 2020	14,386	$305	$24.07	$15.19 - $29.58
Q4 2019	8,780	$320	$27.83	$24.96 - $29.70
Q3 2019	9,078	$298	$25.24	$23.31 - $26.97
Q2 2019	4,468	$146	$25.50	$23.74 - $26.93