SEC Form 4 · accession 0000776901-16-000465
INDEPENDENT BANK CORP · INDB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick Taw
Director
Period of report
Jul 14, 2016
Accepted (ET)
Jul 18, 2016 · 4:05 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 | holding | — | — | — | 8,101 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F1 | $48.095 | Jul 14, 2016 | A | 5,000 | A | Jul 14, 2016 | Jul 14, 2026 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1Non-Employee Director, Non Qualified Stock Options expire 10 years from grant date unless terminated by reason of cessation as non-employee director, 1,667 options are immediately vested and fully exercisable; 1,667 options shall be vested and fully exercisable on January 2, 2017 and 1,666 options shall be vested and fully exercisable on January 2, 2018.