Joan Budden - Feb 15, 2024 Form 4 Insider Report for INDEPENDENT BANK CORP /MI/ (IBCP)

Role
Director
Signature
s/Darcy J. Benjamin, Attorney-in-Fact
Stock symbol
IBCP
Transactions as of
Feb 15, 2024
Transactions value $
$7,888
Form type
4
Date filed
4/2/2024, 12:30 PM
Previous filing
Feb 5, 2024
Next filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding IBCP Common Stock 6.17K Feb 15, 2024 Direct F1
holding IBCP Common Stock 810 Feb 15, 2024 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 Phantom Stock Units Award $7.89K +314 +0.96% $25.10 33.2K Feb 15, 2024 Common Stock 314 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 18.0246 shares acquired through dividend reinvestment program (DRIP) during the first quarter.
F2 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.