White Bay Capital, LLLP - Nov 10, 2021 Form 4 Insider Report for MACATAWA BANK CORP (MCBC)

Role: 10%+ Owner
Signature: /s/ Stephanie Swan, by Power of Attorney
Stock symbol: MCBC
Transactions as of: Nov 10, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/12/2021, 09:40 AM
Next filing: Nov 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MCBC	Common Stock	Award	$0	+2.17K	+0.04%	$0.00	5.32M	Nov 10, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reports the grant of shares of restricted stock issued to Nicole Dandridge as a director under the Macatawa Bank Corporation Stock Incentive Plan of 2015 ("Plan"), which Ms. Dandridge forfeits to Reporting Person. These shares will vest at the rate of one-third each year beginning on November 10, 2022, and will be fully vested on November 10, 2024. Before vesting, these shares will remain subject to restrictions in accordance with the Plan and the terms of the grant.

Content

Reports the grant of shares of restricted stock issued to Nicole Dandridge as a director under the Macatawa Bank Corporation Stock Incentive Plan of 2015 ("Plan"), which Ms. Dandridge forfeits to Reporting Person. These shares will vest at the rate of one-third each year beginning on November 10, 2022, and will be fully vested on November 10, 2024. Before vesting, these shares will remain subject to restrictions in accordance with the Plan and the terms of the grant.