INDEPENDENT BANK CORP 4
4 · INDEPENDENT BANK CORP · Filed Oct 28, 2015
Insider Transaction Report
Form 4
FUERSCHBACH RAYMOND G
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2015-10-27$27.43/sh+1,750$47,994→ 23,929 total - Exercise/Conversion
NQ Stock Option (Right to Buy)
2015-10-27−1,750→ 0 totalExercise: $27.43From: 2012-02-17Exp: 2021-02-17→ Common Stock (1,750 underlying) - Tax Payment
Common Stock
2015-10-27$47.24/sh−217$10,251→ 22,179 total
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 1,750 shares (less shares withheld to satisfy tax obligations) underlying the stock option exercised on 10/27/15 as referenced in footnote (1).
- [F3]Granted under the Independent Bank Corp 2005 Employee Stock Option Plan 1,167 shares became exercisable on each of 2/17/12 and 2/17/13 and 1,166 shares became exercisable on 2/17/14.