SULLIVAN ROBERT D 4
4 · INDEPENDENT BANK CORP · Filed May 26, 2011
Insider Transaction Report
Form 4
SULLIVAN ROBERT D
Director
Transactions
- Award
Common Stock
2011-05-24$28.88/sh+700$20,213→ 17,042.303 total - Award
NQ - Stock Option (Right to Buy)
2011-05-24+500→ 500 totalExercise: $28.88From: 2011-05-24Exp: 2021-05-24→ Common Stock (500 underlying)
Holdings
- 10,331(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Independent Bank Corp. awarded restricted stock to reporting person.
- [F2]Total holdings include 8,008 shares held i/n/o Chrystine M. Sullivan Revocable Trust dated 2/3/90 on which Mr. Sullivan is a trustee and beneficiary and 152.4353 shares acquired through the Company's Dividend Reinvestment Plan since the last Form 4 filing (5/10). Such transactions are exempt from the reporting requirements of Section 16 of the Securities Exchange Act of 1934.
- [F3]Total holdings include 6,356 shares held i/n/o Special Marital Trust of R. J. Sullivan on which Mr. Sullivan is a Trustee and 3,975 shares held i/n/o Joseph Sullivan Irrevocable Trust on which Mr. Sullivan is a Trustee. 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.
- [F4]Non-Employee Director, Non-Qualified Stock Options expire 10 years from grant date unless earlier terminated by reason of cessation as non-employee director.