Home/Filings/4/0001207214-07-000003
4//SEC Filing

INDEPENDENT BANK CORP 4

Accession 0001207214-07-000003

$INDBCIK 0000776901operating

Filed

Feb 19, 7:00 PM ET

Accepted

Feb 20, 12:02 PM ET

Size

17.3 KB

Accession

0001207214-07-000003

Insider Transaction Report

Form 4
Period: 2007-02-15
KELLEY FERDINAND T
Executive Vice President
Transactions
  • Award

    Non-Qualified Stock Option (right to buy)

    2007-02-15+10,00010,000 total
    Exercise: $32.99From: 2008-02-15Exp: 2017-02-15Common Stock (10,000 underlying)
Holdings
  • Incentive Stock Option (right to buy)

    Exercise: $23.47Exp: 2012-12-19Common Stock (4,740 underlying)
    4,740
  • Common Stock

    2,329.826
  • Incentive Stock Option (right to buy)

    Exercise: $20.13Exp: 2011-12-19Common Stock (6,947 underlying)
    6,947
  • Incentive Stock Option (right to buy)

    Exercise: $30.14Exp: 2013-12-11Common Stock (3,412 underlying)
    3,412
  • Incentive Stock Option (right to buy)

    Exercise: $17.25Exp: 2008-12-22Common Stock (2,657 underlying)
    2,657
  • Non-Qualified Stock Option (right to buy)

    Exercise: $28.89From: 2005-12-15Exp: 2012-12-14Common Stock (12,000 underlying)
    12,000
  • Non-Qualified Stock Option (right to buy)

    Exercise: $30.14Exp: 2013-12-11Common Stock (6,138 underlying)
    6,138
Footnotes (8)
  • [F1]Direct holdings include 125.3371 shares held joint with spouse.
  • [F2]The options will vest in equal installments of 2,000 shares over a five-year term beginning on 2/15/2008 and thereafter on each successive anniversary date (2/15/2009 - 2/15/2012).
  • [F3]Granted under the 1997 Plan, 3,792 shares pursuant to the Option shall first become exercisable on 6/24/99, 3,792 shares shall first become exercisable on January 2, 2000, and the remaining 3,791 shares shall first become exercisable on January 2, 2001. The option will expire on 12/22/08 subject to the earlier termination provisions noted above.
  • [F4]Granted under the 1997 Plan, 4,067 shares shall first become exercisable on 6/21/02, 4,067 shares shall first become exercisable on 1/2/03, and the remaining 4,066 shares shall first become exercisable on 1/2/04 subject to the earlier termination provisions noted above.
  • [F5]Granted under the 1997 Plan. 3,967 shares shall first become exercisable on 06/20/03, 3,967 shares shall first become exercisable on 1/2/04, and the remaining 3,966 shares shall first become exercisable on 1/2/05. The Options will expire on 12/19/12, subject to the earlier termination of employment or acceleration of vesting schedule under certain termination of employment circumstances.
  • [F6]Granted under the Independent Bank Corp. 1997 Employee Stock Option Plan (1997 Plan). 3,184 shares shall first become exercisable on 06/11/04, 3,184 shares shall first become exercisable on 01/02/05, and the remaining 3,183 shall first become exercisable on 01/02/06. The Option will expire on 12/11/13 subject to the earlier termination of employment or acceleration of vesting schedule under certain termination of employee circumstances.
  • [F7]Non-Qualified Stock Options granted under the Independent Bank Corp. 2005 Employee Stock Plan (2005 Plan). The Options granted on 12/15/05 vest immediately and will expire on December 14, 2012, unless earlier terminated in accordance with Stock Option Agreement.
  • [F8]3 ,043 Options formerly reported as ISO's under the 12/9/04 grant have converted to NQO's due to an acceleration of vesting for all options granted that date. All options granted on 12/9/04 have now immediately fully vested a/o 12/15/05.

Issuer

INDEPENDENT BANK CORP

CIK 0000776901

Entity typeoperating
IncorporatedMA

Related Parties

1
  • filerCIK 0000776901

Filing Metadata

Form type
4
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 12:02 PM ET
Size
17.3 KB