GILMORE BENJAMIN A II 4
4 · INDEPENDENT BANK CORP · Filed Mar 26, 2008
Insider Transaction Report
Form 4
GILMORE BENJAMIN A II
Director
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2008-03-25−1,000→ 0 totalExercise: $19.25From: 1998-04-14Exp: 2008-04-14→ Common Stock (1,000 underlying) - Exercise/Conversion
Common Stock
2008-03-25$19.25/sh+1,000$19,250→ 8,804.204 total
Holdings
- 1,000
Non-Qualified Stock Option (right to buy)
Exercise: $11.50From: 2000-04-18Exp: 2010-04-18→ Common Stock (1,000 underlying) - 632.971(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Total direct holdings include 800 shares of restricted stock, 901.9231 shares held jt. w/spouse and 154.9432 shares received as a result of participation in the Independent Bank Corp. Dividend Reinvestment Plan, since the last Form 4 filing (4/07). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
- [F2]Total holdings include 11.7302 shares received pursuant to the Independent Bank Corp. Dividend Reinvestment Plan, since the last Form 4 filing (4/07). 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 shall not be construed as an admission that the undersigned is, for purposes of Section 16 of the Securities Exchange Act, the beneficial owner of such securities.
- [F3]Non-Employee Director, Non-Qualified Common Stock Options expire 10 years from the grant date unless earlier terminated by reason of cessation as non-employee director.