MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

Ackerman Capital Advisors, LLC's Holding History (CIK: 0001699506)

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

Q2 2019

Shares 6,451 Value ($000) $210,174 Avg Close $25.50 Range $23.74 - $26.93

Q1 2019

Shares 7,100 Value ($000) $232,312 Avg Close $25.60 Range $21.46 - $27.59

Q4 2018

Shares 200,646 Value ($000) $7,100 Avg Close $23.28 Range $20.34 - $26.17

Q3 2018

Shares 7,716 Value ($000) $257,483 Avg Close $26.41 Range $24.55 - $28.44

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2019	6,451	$210,174	$25.50	$23.74 - $26.93
Q1 2019	7,100	$232,312	$25.60	$21.46 - $27.59
Q4 2018	200,646	$7,100	$23.28	$20.34 - $26.17
Q3 2018	7,716	$257,483	$26.41	$24.55 - $28.44