UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): OCTOBER 28, 2004
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MERCANTILE BANK CORPORATION
(Exact name of registrant as specified in its charter)
MICHIGAN 000-26719 38-3360865
(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification Number)
5650 BYRON CENTER AVENUE SW, WYOMING, MICHIGAN 49509
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 616-406-3777
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
/ / Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
/ / Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
/ / Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
/ / Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On October 28, 2004, the Board of Directors of Mercantile Bank
Corporation ("Mercantile") granted an incentive stock option to each of its four
executive officers under its 2004 Employee Stock Option Plan. At the same time,
options were granted under the Plan to many of Mercantile's other employees. The
Plan was approved by Mercantile's shareholders at their 2004 annual meeting. On
March 10, 2004, Mercantile filed a copy of the Plan with the Securities and
Exchange Commission as Annex B to its proxy statement for the 2004 annual
meeting.
The options granted to Mercantile's four executive officers on October
28, 2004 are as follows:
NUMBER OF
SHARES FOR DATE OPTION FOR
WHICH THE THE SHARES
OPTION WAS BECOMES
NAME AND TITLE GRANTED EXERCISABLE
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Gerald R. Johnson, Jr. 2,000 October 28, 2005
Chairman of the Board and President 1,250 January 1, 2006
Michael H. Price 2,500 October 28, 2005
President and Chief Operating Officer 750 January 1, 2006
Robert B Kaminski 2,500 October 28, 2005
Executive Vice President and Secretary 250 January 1, 2006
Charles E. Christmas 2,500 October 28, 2005
Senior Vice President, Chief Financial
Officer and Treasurer
Each of these options has an exercise price of $38.98 per share, and
expires on October 27, 2014, subject to earlier termination pursuant to the
terms of the Plan. Each of the executive officers of Mercantile named above also
serves as an executive officer of one or more of Mercantile's subsidiaries,
including Mercantile Bank of West Michigan.
Mercantile is filing as an exhibit to this Form 8-K the form of the
stock option agreement used for granting options under the Plan.
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ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits.
Exhibit Number Description
10.1 Form of stock option agreement for options
granted under the 2004 Employee Stock Option
Plan
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
MERCANTILE BANK CORPORATION
By: /s/ Charles E. Christmas
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Charles E. Christmas
Senior Vice President, Chief
Financial Officer and Treasurer
Date: November 1, 2004
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EXHIBIT INDEX
Exhibit Number Description
10.1 Form of stock option agreement for options
granted under the 2004 Employee Stock Option
Plan
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