SEC Form 4 · accession 0000776901-15-000053
INDEPENDENT BANK CORP · INDB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maurice H Sullivan Jr.
Director
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 4:01 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,F2 | Feb 20, 2015 | A | 26,930 | — | A | 26,930 | D | |
| Common StockF2,F3,F4 | Feb 20, 2015 | A | 19,275 | — | A | 19,275 | I | IRA |
| Common StockF2,F5,F4 | Feb 20, 2015 | A | 3,174 | — | A | 3,174 | I | Spouse |
| Common StockF2,F6,F4 | Feb 20, 2015 | A | 453 | — | A | 453 | I | Spouse f/b/o Grandchild |
| Common StockF2,F7,F4 | Feb 20, 2015 | A | 4,015 | — | A | 4,015 | I | ESOP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares issued in exchange for 48,762 shares of People's Federal Bancshares, Inc. common stock in connection with the merger of People's Federal Bancshares, Inc. with and into Independent Bank Corp.
- F2On the last trading day prior to the effective date of the merger, the closing price of People's Federal Bancshares, Inc.'s common stock was $21.72 per share, and the closing price of Independent Bank Corp's common stock was $41.81 per share.
- F3Shares issued in exchange for 34,900 shares of People's Federal Bancshares, Inc. common stock in connection with the merger of People's Federal Bancshares, Inc. with and into Independent Bank Corp.
- F4The filing of this statement should not be construed as an admission that the undersigned is, for purposes of the Exchange Act, the beneficial owner of such securities.
- F5Shares issued in exchange for 5,748 shares of People's Federal Bancshares, Inc. common stock in connection with the merger of People's Federal Bancshares, Inc. with and into Independent Bank Corp.
- F6Shares issued in exchange for 821 shares of People's Federal Bancshares, Inc. common stock in connection with the merger of People's Federal Bancshares, Inc. with and into Independent Bank Corp.
- F7Shares issued in exchange for 7,270 shares of People's Federal Bancshares, Inc. common stock in connection with the merger of People's Federal Bancshares, Inc. with and into Independent Bank Corp.