Stefanie M. Kimball - Feb 6, 2023 Form 4 Insider Report for INDEPENDENT BANK CORP /MI/ (IBCP)

Role: Executive Vice President
Signature: s/Darcy J. Benjamin, Attorney-in-Fact
Stock symbol: IBCP
Transactions as of: Feb 6, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/7/2023, 10:24 AM
Previous filing: Jan 23, 2023
Next filing: Aug 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IBCP	Common Stock	Award	$0	+2.54K	+4.23%	$0.00	62.6K	Feb 6, 2023	Direct
holding	IBCP	Common Stock						5.13K	Feb 6, 2023	By ESOP
holding	IBCP	Common Stock						230	Feb 6, 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	+2.54K		$0.00	2.54K	Feb 6, 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.