INDEPENDENT BANK CORP 4
4 · INDEPENDENT BANK CORP · Filed Jul 22, 2005
Insider Transaction Report
Form 4
CLARK W PAUL
Director
Transactions
- Exercise of In-Money
Common Stock
2005-07-21$8.00/sh+5,000$40,000→ 154,701.476 total - Exercise of In-Money
Non-Qualified Stock Option (right to buy)
2005-07-21−5,000→ 0 totalExercise: $8.00From: 1996-10-17Exp: 2006-04-16→ Common Stock (5,000 underlying)
Holdings
- 1,000
Non-Qualified Stock Option (right to buy)
Exercise: $10.25From: 1997-10-14Exp: 2007-04-15→ Common Stock (1,000 underlying) - 4,556(indirect: By Trust)
Common Stock
- 12,729.14(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]Mr. Clark's direct holdings include 44,752. shares held i/n/o Paul Clark, Inc. on which Mr. Clark has voting and investment power.
- [F2]Shares in broker name f/b/o spouse. 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]2,410 shares held in W. Paul Clark Trust A. 2,146 shares held in W. Paul Clark Trust B. Filer is co-trustee of both Trusts. 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 Derivative Securities, Non-Qualified Common Stock Options expire 10 years from the grant date unless earlier terminated by reason of cessation as non-employee director.