SEC Form 4 · accession 0000776901-15-000185
INDEPENDENT BANK CORP · INDB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry H Jensen
Officer — Chief Information Officer
Period of report
Jul 22, 2015
Accepted (ET)
Jul 23, 2015 · 4:14 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 StockF1 | Jul 22, 2015 | M | 2,500 | $27.575 | A | 16,099 | D | |
| Common Stock | Jul 22, 2015 | M | 4,000 | $32.995 | A | 20,099 | D | |
| Common Stock | Jul 22, 2015 | M | 6,000 | $28.27 | A | 26,099 | D | |
| Common Stock | Jul 22, 2015 | S | 12,500 | $49.502 | D | 13,599 | 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)F2 | $27.575 | Jul 22, 2015 | M | 2,500 | D | Feb 10, 2012 | Feb 10, 2021 | Common Stock | 2,500 | 0 | D |
| NQ Stock Option (Right to Buy)F3 | $32.995 | Jul 22, 2015 | M | 4,000 | D | Feb 15, 2008 | Feb 15, 2017 | Common Stock | 4,000 | 0 | D |
| NQ Stock Option (Right to Buy)F4 | $28.27 | Jul 22, 2015 | M | 6,000 | D | Feb 14, 2009 | Feb 14, 2018 | Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1Holdings include 98.0129 shares acquired as a result of participation in the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (3/20/15). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
- F2Granted under the Independent Bank Corp. 2005 Employee Stock Option Plan. 834 shares first became exercisable on 2/10/12 and 833 shares became exercisable on 2/10/13 and 2/10/14.
- F3Granted under the Independent Bank Corp. 2005 Employee Stock Option Plan. 800 shares first became exercisable on 2/15/08 and 800 shares became exercisable annually from 2/15/09 to 2/15/12.
- F4Granted under the Independent Bank Corp. 2005 Employee Stock Option Plan. 1200 shares first became exercisable on 2/14/09 and 1200 shares became exercisable annually from 2/14/10 to 2/14/13.