SEC Form 4 · accession 0000776901-15-000186
INDEPENDENT BANK CORP · INDB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond G Fuerschbach
Officer — Senior Vice President
Period of report
Jul 22, 2015
Accepted (ET)
Jul 23, 2015 · 4:15 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 | $32.995 | A | 24,679 | D | |
| Common Stock | Jul 22, 2015 | M | 1,750 | $27.425 | A | 26,429 | D | |
| Common Stock | Jul 22, 2015 | M | 4,250 | $28.27 | A | 30,679 | D | |
| Common Stock | Jul 22, 2015 | S | 8,500 | $49.7901 | D | 22,179 | 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 | $32.995 | Jul 22, 2015 | M | 2,500 | D | Feb 15, 2008 | Feb 15, 2017 | Common Stock | 2,500 | 0 | D |
| NQ Stock Option (Right to Buy)F3 | $27.425 | Jul 22, 2015 | M | 1,750 | D | Feb 17, 2012 | Feb 17, 2021 | Common Stock | 1,750 | 1,750 | D |
| NQ Stock Option (Right to Buy)F4 | $28.27 | Jul 22, 2015 | M | 4,250 | D | Feb 14, 2009 | Feb 14, 2018 | Common Stock | 4,250 | 4,250 | D |
Explanation of responses
- F1Total holdings reflect the transfer of 614 shares pursuant to a domestic relations order.
- F2Granted under the Independent Bank Corp. 2005 Employee Stock Option Plan 1000 shares first became exercisable on 2/15/08 and 1000 shares became exercisable annually from 2/15/09 to 2/15/12.
- F3Granted under the Independent Bank Corp. 2005 Employee Stock Option Plan 1167 shares first became exercisable on 2/17/12, 1167 shares became exercisable on 2/17/13 and the remainder of the shares became exercisable on 2/17/14.
- F4Granted under the Independent Bank Corp. 2005 Employee Stock Option Plan 1700 shares first became exercisable on 2/14/09 and 1700 shares became exercisable annually from 2/14/10 to 2/14/13.