Stefanie M. Kimball - 06 Feb 2023 Form 4 Insider Report for INDEPENDENT BANK CORP /MI/ (IBCP)

Signature
s/Darcy J. Benjamin, Attorney-in-Fact
Issuer symbol
IBCP
Transactions as of
06 Feb 2023
Net transactions value
$0
Form type
4
Filing time
07 Feb 2023, 10:24:41 UTC
Previous filing
23 Jan 2023
Next filing
01 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBCP Common Stock Award $0 +2,537 +4.2% $0.000000 62,562 06 Feb 2023 Direct
holding IBCP Common Stock 5,130 06 Feb 2023 By ESOP
holding IBCP Common Stock 230 06 Feb 2023 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 +2,537 $0.000000 2,537 06 Feb 2023 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.