MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

Ellis Investment Partners, LLC's Holding History (CIK: 0001765590)

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

Q3 2022

Shares 312 Value ($000) $9 Avg Close $29.44 Range $25.99 - $34.34

Q2 2022

Shares 309 Value ($000) $9 Avg Close $28.27 Range $26.23 - $31.41

Q1 2022

Shares 613 Value ($000) $21 Avg Close $32.39 Range $30.19 - $34.58

Q4 2021

Shares 508 Value ($000) $17 Avg Close $29.90 Range $27.52 - $31.97

Q3 2021

Shares 503 Value ($000) $16 Avg Close $26.36 Range $24.18 - $28.25

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2022	312	$9	$29.44	$25.99 - $34.34
Q2 2022	309	$9	$28.27	$26.23 - $31.41
Q1 2022	613	$21	$32.39	$30.19 - $34.58
Q4 2021	508	$17	$29.90	$27.52 - $31.97
Q3 2021	503	$16	$26.36	$24.18 - $28.25