KELLEY FERDINAND T 4
4 · INDEPENDENT BANK CORP · Filed Jan 21, 2005
Insider Transaction Report
Form 4
KELLEY FERDINAND T
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2005-01-19$11.91/sh+3,916$46,625→ 3,916 total - Exercise of In-Money
Incentive Stock Option (right to buy)
2005-01-19$11.91/sh−3,916$46,625→ 0 totalExercise: $11.91From: 2001-06-22Exp: 2010-12-20→ Common Stock (3,916 underlying)
Holdings
- 120.134
Common Stock
- 8,852.64
Common Stock
Footnotes (4)
- [F1]Shares held i/n/o The Ferdinand T. Kelley Revocable Living Trust (dated December 29, 2004) on which Filer is a trustee and spouse is a beneficiary.
- [F2]Total holdings include 40.53 shares received pursuant to the Company's Dividend Reinvestment Plan since the last Form 4 filing (12/04). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
- [F3]Shares held jt. w/spouse and include 0.4900 shares received pursuant to the Company's Dividend Reinvestment Plan since the last Form 4 filing (12/04). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
- [F4]Granted under the Independent Bank Corp. 1997 Employee Stock Option Plan (1997 Plan). 3,859 shares pursuant to the Option shall first become exercisable on 6/22/01,3,859 shares shall first become exercisable on 1/2/02, and the remaining 3,857 shares shall first become exercisable on 1/2/03. The Option will expire on 12/20/10, subject to the earlier termination of employment or acceleration of vesting schedule under certain termination of employee circumstances.