INDEPENDENT BANK CORP 4
4 · INDEPENDENT BANK CORP · Filed Jul 31, 2015
Insider Transaction Report
Form 4
FUERSCHBACH RAYMOND G
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2015-07-29$28.27/sh+4,250$120,148→ 26,429 total - Tax Payment
Common Stock
2015-07-29$48.02/sh−529$25,403→ 22,179 total - Exercise/Conversion
NQ Stock Option (Right to Buy)
2015-07-29−4,250→ 0 totalExercise: $28.27From: 2009-02-14Exp: 2018-02-14→ Common Stock (4,250 underlying)
Footnotes (3)
- [F1]The exercise of this stock option was at the direction of the reporting person's former spouse pursuant to a divorce settlement decree and therefore did not result in an acquisition of beneficial ownership by the reporting person.
- [F2]Amount reflects the transfer to the reporting officer's former spouse of the 4,250 shares (less shares withheld to satisfy tax obligations) underlying the stock option exercised on 7/29/15 as referenced in footnote (1).
- [F3]Granted under the Independent Bank Corp 2005 Employee Stock Option Plan 1700 shares became exercisable on 2/14/09 and 1700 shares became exercisable annually from 2/14/10 to 2/14/13.