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

Signature
s/Darcy J. Benjamin, Attorney-in-Fact
Issuer symbol
IBCP
Transactions as of
25 Jan 2022
Net transactions value
$0
Form type
4
Filing time
28 Jan 2022, 09:19:04 UTC
Previous filing
25 Jan 2022
Next filing
18 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBCP Common Stock Award $0 +2,208 +3.7% $0.000000 62,121 25 Jan 2022 Direct
holding IBCP Common Stock 4,711 25 Jan 2022 By ESOP
holding IBCP Common Stock 230 25 Jan 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 +2,208 $0.000000 2,208 25 Jan 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.