GULIS STEPHEN L JR - 14 Nov 2022 Form 4 Insider Report for INDEPENDENT BANK CORP /MI/ (IBCP)

Role
Director
Signature
s/Darcy J. Benjamin, Attorney-in-Fact
Issuer symbol
IBCP
Transactions as of
14 Nov 2022
Net transactions value
+$12,317
Form type
4
Filing time
04 Jan 2023, 11:24:36 UTC
Previous filing
03 Oct 2022
Next filing
04 Apr 2023
SEC
View on sec.gov

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 Phantom Stock Units Award $12,317 +500 +0.89% $24.62 56,485 14 Nov 2022 Common Stock 500 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Phantom Stock Units were accrued for under the Independent Bank Corporation Deferred Compensation and Stock Purchase Plan for Non Employee Directors and are to be settled in the Issuer's Common Stock upon the reporting person's retirement as a director.