SEC Form 4 · accession 0000776901-15-000124
INDEPENDENT BANK CORP · INDB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jane Lundquist
Officer — Executive Vice President
Period of report
May 6, 2015
Accepted (ET)
May 8, 2015 · 4:05 pm EDT
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 Stock | May 6, 2015 | M | 15,000 | $28.27 | A | 46,480 | D | |
| Common Stock | May 6, 2015 | F | 11,683 | $41.56 | D | 34,797 | D | |
| Common Stock | May 7, 2015 | M | 2,166 | $27.425 | A | 36,963 | D | |
| Common Stock | May 7, 2015 | F | 1,645 | $41.8775 | D | 35,318 | 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)F1 | $28.27 | May 6, 2015 | M | 15,000 | D | Feb 14, 2009 | Feb 14, 2018 | Common Stock | 15,000 | 0 | D |
| NQ Stock Option (Right to Buy)F2 | $27.425 | May 7, 2015 | M | 2,166 | D | Feb 17, 2014 | Feb 17, 2021 | Common Stock | 2,166 | 0 | D |
Explanation of responses
- F1Granted under the Independent Bank Corp. 2005 Employee Stock Option Plan. 3000 shares first became exercisable on February 14, 2009, and 3000 shares became exercisable on this date in 2010, 2011, 2012 and 2013.
- F2Granted under the Independent Bank Corp. 2005 Employee Stock Option Plan (2005 Plan). 2,167 shares first became exercisable on February 17, 2012, 2,167 shares became on February 17, 2013, and the remaining 2,166 shares became exercisable on February 17, 2014.