INDEPENDENT BANK CORP 4
4 · INDEPENDENT BANK CORP · Filed Feb 23, 2016
Insider Transaction Report
Form 4
SULLIVAN MAURICE H JR
Director
Transactions
- Award
Non-Qualified Stock Option (Right to Buy)
2016-02-20$43.28/sh+5,000$216,400→ 5,000 totalExercise: $43.28From: 2016-02-20Exp: 2026-02-20→ Common Stock (5,000 underlying)
Holdings
- 3,174(indirect: By Spouse)
Common Stock
- 12,341.78(indirect: ESOP)
Common Stock
- 453(indirect: By Spouse)
Common Stock
- 14,325(indirect: By IRA)
Common Stock
- 27,730
Common Stock
Footnotes (2)
- [F1]The sale of 2,475 shares reported on 8/19/15 was effected through the reporting person's IRA but was inadvertently reported as a sale of directly held shares. The amounts reported here have been adjusted accordingly.
- [F2]Non-Employee Director, Non Qualified Stock Options expire 10 years from grant date unless terminated by reason of cessation as non-employee director, 1,667 options are immediately vested and fully exercisable; 1,667 options shall be vested and fully exercisable on January 2, 2017 and 1,666 options shall be vested and fully exercisable on January 2, 2018.