Form 4 - Statement of changes in beneficial ownership of securities
November 29 2023 - 5:17PM
Edgar (US Regulatory)
SEC Form 4
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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| OMB APPROVAL |
| OMB Number: |
3235-0287 |
| Estimated average burden |
| hours per response: |
0.5 |
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|
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b). |
|
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
MACATAWA BANK CORP
[ MCBC ]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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Director |
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10% Owner |
| X |
Officer (give title below) |
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Other (specify below) |
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Chief Financial Officer, SVP
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3. Date of Earliest Transaction
(Month/Day/Year)
11/28/2023
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4. If Amendment, Date of Original Filed
(Month/Day/Year)
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6. Individual or Joint/Group Filing (Check Applicable Line)
| X |
Form filed by One Reporting Person |
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Form filed by More than One Reporting Person |
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
|---|
| 1. Title of Security (Instr.
3)
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2. Transaction Date
(Month/Day/Year) |
2A. Deemed Execution Date, if any
(Month/Day/Year) |
3. Transaction Code (Instr.
8)
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4. Securities Acquired (A) or Disposed Of (D) (Instr.
3, 4 and 5)
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5.
Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr.
3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
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7. Nature of Indirect Beneficial Ownership (Instr.
4)
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| Code |
V |
Amount |
(A) or (D) |
Price |
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Common Stock
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11/28/2023 |
|
F |
|
155 |
D |
$9.64
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10,964 |
D |
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| Common Stock |
|
|
|
|
|
|
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5,576 |
I |
401(k) Plan |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
|
|---|
| 1. Title of Derivative Security (Instr.
3)
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2. Conversion or Exercise Price of Derivative Security
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3. Transaction Date
(Month/Day/Year) |
3A. Deemed Execution Date, if any
(Month/Day/Year) |
4. Transaction Code (Instr.
8)
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5.
Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr.
3, 4 and 5)
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6. Date Exercisable and Expiration Date
(Month/Day/Year) |
7. Title and Amount of Securities Underlying Derivative Security (Instr.
3 and 4)
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8. Price of Derivative Security (Instr.
5)
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9.
Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr.
4)
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10. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
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11. Nature of Indirect Beneficial Ownership (Instr.
4)
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| Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
| Explanation of Responses: |
|
|
/s/ G. Charles Goode, By Power of Attorney |
11/29/2023 |
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** Signature of Reporting Person |
Date |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
| * If the form is filed by more than one reporting person,
see
Instruction
4
(b)(v). |
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure. |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |
LIMITED POWER OF ATTORNEY
The undersigned does hereby constitute
and appoint G. CHARLES GOODE, EMILY E. CANTOR, MALAINA J. WELDY, SARAH A. HARPER, JON W. SWETS, or any one or more of them, his true and
lawful attorneys and agents, with full power of substitution in the premises, to do any and all acts and things and to execute and file
any and all instruments that such attorneys and agents, or any of them, may consider necessary or advisable to enable the undersigned
(in his or her individual capacity or in a fiduciary or other capacity) to comply with the Securities Act of 1933, as amended (the “Securities
Act”), and the Securities Exchange Act of 1934, as amended (the “Act”), and any requirements of the Securities and Exchange
Commission in respect thereof, in connection with his or her intended sale of any security related to MACATAWA BANK CORPORATION (the “Company”)
pursuant to Rule 144 issued under the Securities Act and the preparation, execution and filing of any report or statement of beneficial
ownership or changes in beneficial ownership of securities of the Company that the undersigned (in his or her individual capacity or in
a fiduciary or other capacity) may be required to file pursuant to Sections 13 or 16 of the Act including, without limitation, full power
and authority to sign the undersigned’s name, in his or her individual capacity or in a fiduciary or other capacity, to any report,
application or statement on Form ID, Forms 3, 4, 5 or 144, Schedules 13D or 13G, or to any amendments or any successor forms thereto,
or any form or forms adopted by the Securities and Exchange Commission in lieu thereof or in addition thereto, hereby ratifying and confirming
all that such attorneys and agents, or any of them, shall do or cause to be done by virtue hereof.
The undersigned agrees that some
of the attorneys-in-fact named herein may act as legal counsel to the Company in connection with the securities matters addressed herein,
and that such attorneys do not represent the undersigned in his or her personal capacity in connection with such matters. The undersigned
agrees that the attorneys-in-fact named herein may rely entirely on information furnished orally or in writing by the undersigned to such
attorneys-in-fact. The undersigned also agrees to indemnify and hold harmless the attorneys-in-fact against any losses, claims, damages
or liabilities (or actions in respect thereof) that arise out of or are based upon any untrue statement or omission of necessary fact
in the information provided by the undersigned to the attorneys-in-fact for purposes of executing, acknowledging, delivering or filing
any such forms, or any amendments or any successor forms thereto, or any form or forms adopted by the Securities and Exchange Commission
in lieu thereof or in addition thereto.
This authorization shall supersede
all prior authorizations to act for the undersigned with respect to securities of the Company in these matters, which prior authorizations
are hereby revoked, and shall survive the termination of the undersigned’s status as a director and/or officer of the Company and
remain in effect thereafter for so long as the undersigned (in his or her individual capacity or in a fiduciary or other capacity) is
subject to Rule 144 with respect to securities of the Company or has any obligation under Section 16 of the Exchange Act with respect
to securities of the Company.
| Dated: November 16, 2023 |
/s/ Bryan Barker |
| |
(signature) |
| |
|
| |
|
| |
Bryan Barker |
| |
(type or print name) |
LIMITED POWER OF ATTORNEY
The undersigned does hereby constitute
and appoint G. CHARLES GOODE, EMILY E. CANTOR, MALAINA J. WELDY, SARAH A. HARPER, JON W. SWETS, or any one or more of them, his true and
lawful attorneys and agents, with full power of substitution in the premises, to do any and all acts and things and to execute and file
any and all instruments that such attorneys and agents, or any of them, may consider necessary or advisable to enable the undersigned
(in his or her individual capacity or in a fiduciary or other capacity) to comply with the Securities Act of 1933, as amended (the “Securities
Act”), and the Securities Exchange Act of 1934, as amended (the “Act”), and any requirements of the Securities and Exchange
Commission in respect thereof, in connection with his or her intended sale of any security related to MACATAWA BANK CORPORATION (the “Company”)
pursuant to Rule 144 issued under the Securities Act and the preparation, execution and filing of any report or statement of beneficial
ownership or changes in beneficial ownership of securities of the Company that the undersigned (in his or her individual capacity or in
a fiduciary or other capacity) may be required to file pursuant to Sections 13 or 16 of the Act including, without limitation, full power
and authority to sign the undersigned’s name, in his or her individual capacity or in a fiduciary or other capacity, to any report,
application or statement on Form ID, Forms 3, 4, 5 or 144, Schedules 13D or 13G, or to any amendments or any successor forms thereto,
or any form or forms adopted by the Securities and Exchange Commission in lieu thereof or in addition thereto, hereby ratifying and confirming
all that such attorneys and agents, or any of them, shall do or cause to be done by virtue hereof.
The undersigned agrees that some
of the attorneys-in-fact named herein may act as legal counsel to the Company in connection with the securities matters addressed herein,
and that such attorneys do not represent the undersigned in his or her personal capacity in connection with such matters. The undersigned
agrees that the attorneys-in-fact named herein may rely entirely on information furnished orally or in writing by the undersigned to such
attorneys-in-fact. The undersigned also agrees to indemnify and hold harmless the attorneys-in-fact against any losses, claims, damages
or liabilities (or actions in respect thereof) that arise out of or are based upon any untrue statement or omission of necessary fact
in the information provided by the undersigned to the attorneys-in-fact for purposes of executing, acknowledging, delivering or filing
any such forms, or any amendments or any successor forms thereto, or any form or forms adopted by the Securities and Exchange Commission
in lieu thereof or in addition thereto.
This authorization shall supersede
all prior authorizations to act for the undersigned with respect to securities of the Company in these matters, which prior authorizations
are hereby revoked, and shall survive the termination of the undersigned’s status as a director and/or officer of the Company and
remain in effect thereafter for so long as the undersigned (in his or her individual capacity or in a fiduciary or other capacity) is
subject to Rule 144 with respect to securities of the Company or has any obligation under Section 16 of the Exchange Act with respect
to securities of the Company.
| Dated: November 16, 2023 |
/s/ Bryan Barker |
| |
(signature) |
| |
|
| |
|
| |
Bryan Barker |
| |
(type or print name) |
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