SEC Form 4 · accession 0000776901-18-000019
INDEPENDENT BANK CORP · INDB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerard F Nadeau
Officer — Executive Vice President · Director
Period of report
Feb 2, 2018
Accepted (ET)
Feb 5, 2018 · 4:58 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 | Feb 2, 2018 | M | 15,000 | $28.27 | A | 32,206 | D | |
| Common Stock | Feb 2, 2018 | F | 8,458 | $71.325 | D | 23,748 | D | |
| Common StockF2 | holding | — | — | — | 213 | I | by Son | |
| Common StockF3 | holding | — | — | — | 211 | I | by Daughter |
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 | $28.27 | Feb 2, 2018 | M | 15,000 | D | Feb 14, 2013 | Feb 14, 2018 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1Holdings include 10.4170 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 (8/1/17). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
- F2Shares held in Filer's name f/b/o son. Holdings include 1.9079 shares received pursuant to the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (8/1/17). Such transactions are exempt from the reporting requirements of Section 16 of the Securities Exchange Act of 1934, as amended. The 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.
- F3Shares held in Filer's name f/b/o daughter. Holdings include 1.8913 shares received pursuant to the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (8/1/17). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended. The 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.
- F4Granted under the Independent Bank Corp. 2005 Employee Stock Option Plan (2005 Plan). Options vest in equal installments of 3,000 shares over a five-year period beginning on 2/14/09 and thereafter on each successive anniversary date (2/14/10-2/14/13).