William B. Kessel - Jan 25, 2022 Form 4 Insider Report for INDEPENDENT BANK CORP /MI/ (IBCP)

Role: President & CEO, Director
Signature: s/Darcy J. Benjamin, Attorney-in-Fact
Stock symbol: IBCP
Transactions as of: Jan 25, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/28/2022, 08:33 AM
Previous filing: Jan 25, 2022
Next filing: Dec 21, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IBCP	Common Stock	Award	$0	+5.09K	+4.06%	$0.00	130K	Jan 25, 2022	Direct
holding	IBCP	Common Stock						6.45K	Jan 25, 2022	By ESOP

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	IBCP	Performance Right	Award	$0	+5.09K		$0.00	5.09K	Jan 25, 2022	Common Stock			Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Performance Right (PSU) represents a contingent right to receive not more than two (2) shares of Issuer Common Stock, based upon the total shareholder return of Issuer's Common Stock, relative to its peer group index.