SEC Form 4 · accession 0000039311-18-000054
INDEPENDENT BANK CORP /MI/ · IBCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joan A Budden
Director
Period of report
Aug 15, 2018
Accepted (ET)
Oct 1, 2018 · 3:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000039311
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1 | — | Aug 15, 2018 | A | 50 | A | — | — | Common Stock | 50 | 8,430 | D |
| Phantom Stock UnitsF1 | — | Oct 1, 2018 | A | 666 | A | — | — | Common Stock | 666 | 9,096 | D |
Explanation of responses
- F1The Phantom Stock Units were accrued under the Independent Bank Corporation Deferred Compensation and Stock Purchase Plan for Non-Employee Directors and are to be settled in Independent Bank Corporation Common Stock upon the reporting person's retirement.