SEC Form 4 · accession 0000776901-15-000204
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
Mar 27, 2015
Accepted (ET)
Aug 7, 2015 · 4:08 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 | Mar 27, 2015 | I | 131 | $43.0291 | D | 18,234 | D | |
| Common StockF1,F2 | Aug 5, 2015 | M | 1,500 | $32.995 | A | 19,909 | D | |
| Common StockF3 | Aug 5, 2015 | S | 1,500 | $49.048 | D | 18,409 | 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)F4 | $32.995 | Aug 5, 2015 | M | 1,500 | D | Feb 15, 2012 | Feb 15, 2017 | Common Stock | 1,500 | 2,500 | D |
Explanation of responses
- F1Total Holdings include 2,461.3253 shares held in Filer's 401(k) account.
- F22. Holdings include 92.9467 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). Suchtransactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
- F3This price represents the weighted average purchase price of stock sales that were executed at prices ranging from $49.00 through $49.10 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.
- F4Granted under the Independent Bank Corp. 2005 Employee Stock Option Plan (2005 Plan). Options vest in equal installments of 800 shares over a five-year period beginning on 2/15/08 and thereafter on each successive anniversary date (2/15/09-2/15/12).