Stefanie M. Kimball - Jan 25, 2022 Form 4 Insider Report for INDEPENDENT BANK CORP /MI/ (IBCP)

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, 09:19 AM
Previous filing
Jan 25, 2022
Next filing
May 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBCP Common Stock Award $0 +2.21K +3.69% $0.00 62.1K Jan 25, 2022 Direct
holding IBCP Common Stock 4.71K Jan 25, 2022 By ESOP
holding IBCP Common Stock 230 Jan 25, 2022 By IRA

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 +2.21K $0.00 2.21K 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.