SEC Form 4 · accession 0000776901-15-000256

INDEPENDENT BANK CORP · INDB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CFO and Treasurer

Period of report

Nov 10, 2015

Accepted (ET)

Nov 12, 2015 · 5:12 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 Stock^F1,F2	Nov 10, 2015	M	1,250	$32.995	A	19,740	D
Common Stock^F3	Nov 10, 2015	S	1,250	$50.9516	D	18,490	D

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	Nov 10, 2015	M	1,250	D	Feb 15, 2012	Feb 15, 2017	Common Stock	1,250	1,250	D

F1Total Holdings include 2,495.8670 shares held in Filer's 401(k) account.
F2Holdings include 46.4718 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 (8/7/15). Such transactions 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 $50.65 through $51.23 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), subject to the earlier termination of employment or acceleration of vesting schedule under certain termination of employee circumstances.