SEC Form 4 · accession 0000776901-16-000393
INDEPENDENT BANK CORP · INDB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl Ribeiro
Director
Period of report
May 16, 2016
Accepted (ET)
May 17, 2016 · 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 StockF1,F2,F3 | May 16, 2016 | S | 700 | $46.1315 | D | 15,703 | D | |
| Common StockF4 | holding | — | — | — | 3,950 | I | by Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This price represents the weighted average purchase price of stock sales that were executed at prices ranging from $45.452 through $46.94 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.
- F2Holdings include 20.2393 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 (1/27/16). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
- F3The total number of shares was previously understated by 56.65 shares on the Form 4 filing dated 1/27/16.
- F4The filing of this statement should not be construed as an admission that the undersigned is, for purposes of Section 16 of the Exchange Act, the beneficial owner of such securities.