4//SEC Filing
Budden Joan A 4
Accession 0000039311-23-000079
CIK 0000039311other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 10:27 AM ET
Size
9.4 KB
Accession
0000039311-23-000079
Insider Transaction Report
Form 4
Budden Joan A
Director
Transactions
- Award
Phantom Stock Units
2023-08-14$20.49/sh+348.95$7,150→ 31,431.9 total→ Common Stock (348.95 underlying) - Award
Phantom Stock Units
2023-10-01$16.51/sh+1,075.37$17,754→ 32,507.27 total→ Common Stock (1,075.37 underlying)
Holdings
- 810(indirect: By IRA)
Common Stock
- 6,129.85
Common Stock
Footnotes (3)
- [F1]Includes 20.69 shares acquired through dividend reinvestment program (DRIP) during the third quarter.
- [F2]The Phantom Stock Units were accrued for under the Independent Bank Corporation Deferred Compensation and Stock Purchase Plan for Non Employee Directors and are to be settled in the Issuer's Common Stock upon the reporting person's retirement as a director.
- [F3]The Phantom Stock Units were accrued for under the Independent Bank Corporation Deferred Compensation and Stock Purchase Plan for Non Employee Directors and are to be settled in the Issuer's Common Stock upon the reporting person's retirement as a director. The number of the units credited to a participant's account is determined by dividing the accrual amount by 90% of the fair market value of the Issuer's Common Stock on the effective date of the deferral.
Documents
Issuer
INDEPENDENT BANK CORP /MI/
CIK 0000039311
Entity typeother
Related Parties
1- filerCIK 0001649667
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 10:27 AM ET
- Size
- 9.4 KB