Filing Details

Accession Number:
0001207221-12-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-03 16:47:08
Reporting Period:
2012-02-02
Filing Date:
2012-02-03
Accepted Time:
2012-02-03 16:47:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
776901 Independent Bank Corp INDB State Commercial Banks (6022) 042870273
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1207221 K Denis Sheahan 288 Union Street
Rockland MA 02370
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2012-02-02 5,193 $23.47 53,406 No 4 M Direct
Common Stock Disposition 2012-02-02 3,876 $23.47 49,530 No 4 F Direct
Common Stock Acquisiton 2012-02-02 4,657 $23.47 54,187 No 4 M Direct
Common Stock Disposition 2012-02-02 4,322 $23.47 49,865 No 4 F Direct
Common Stock Disposition 2012-02-03 10,000 $29.04 39,865 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock ISO - Stock Option (Right to Buy) Disposition 2012-02-02 4,657 $23.47 4,657 $23.47
Common Stock NQ - Stock Option (Right to Buy) Disposition 2012-02-02 5,193 $23.47 5,193 $23.47
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2005-01-02 2012-12-19 No 4 M Direct
0 2003-06-20 2012-12-19 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 452 Indirect by Daughter
Common Stock 899 Indirect by Sons
Footnotes
  1. Total holdings include 148.9176 shares acquired by filer's agency account joint with spouse and 70.5214 shares acquired by filer's 401(k) through the Independent Bank Corp. 2010 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (10/11). Such transactions are exempt from the reporting requirements of Section 16 of the Securities Exchange Act of 1934.
  2. Shares held in Filer's name f/b/o daughter. Holdings include 3.2096 shares received pursuant to the Independent Bank Corp. 2010 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (10/11). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
  3. Shares held in Filer's name f/b/o sons. Holdings include 6.3884 shares received pursuant to the Independent Bank Corp. 2010 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (10/11). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
  4. Granted under the Independent Bank Corp. 1997 Employee Stock Option Plan (1997 Plan). 1,374 shares became exercisable on 1/2/04 and the remaining 3,283 shares became exercisable on 1/2/05, subject to the earlier termination of employment or acceleration of vesting schedule under certain termination of employee circumstances.
  5. Granted under the Independent Bank Corp. 1997 Employee Stock Option Plan (1997 Plan). 3,284 shares became exercisable on 6/20/03 and the remaining 1,909 shares became exercisable on 1/2/04, subject to the earlier termination of employment or acceleration of vesting schedule under certain termination of employee circumstances.