SEC Form 4 · accession 0000776901-15-000043
INDEPENDENT BANK CORP · INDB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert D Cozzone
Officer — CFO and Treasurer
Period of report
Feb 19, 2015
Accepted (ET)
Feb 20, 2015 · 4:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000776901
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 19, 2015 | M | 1,250 | $28.27 | A | 18,948 | D | |
| Common StockF2 | Feb 19, 2015 | S | 1,250 | $41.8423 | D | 17,698 | D | |
| Common Stock | Feb 20, 2015 | P | 784 | $41.60 | A | 18,482 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NQ Stock Option (Right to Buy)F3 | $28.27 | Feb 19, 2015 | M | 1,250 | D | Feb 14, 2009 | Feb 14, 2018 | Common Stock | 1,250 | 3,250 | D |
Explanation of responses
- F1Total Holdings include 2,525.2036 shares held in Filer's 401(k) account
- F2This price represents the weighted average purchase price of stock sales that were executed at prices ranging from $41.75 through $41.90 per share. The reporting person hereby undertakes, upon request by the SEC staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares purchased at each separate price.
- F3Granted under the Independent Bank Corp. 2005 Employee Stock Option Plan (2005 Plan). Options vested in equal installments of 1,200 shares over a five-year period beginning on 2/14/09 and thereafter on each successive anniversary date (2/14/10-2/14/13).