SEC Form 4 · accession 0000776901-17-000061
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
Feb 24, 2017
Accepted (ET)
Feb 27, 2017 · 4:03 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 StockF1,F2,F3 | Feb 24, 2017 | A | 751 | $64.4095 | A | 23,021 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares acquired under the Company's 401(k) Restoration Plan.
- F2This price represents the weighted average purchase price of stock sales that were executed at prices ranging from $64.40 through $64.55 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.
- F3Total Holdings include 2,670.9637 shares held in Filer's 401(k) account. On 2/17/17 there were excess funds returned to the Filer as a result of annual nondiscrimination testing, which resulted in the cash out of approximately 7 shares as part of the return of the excess funds.