Joan A. Budden - Nov 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: Nov 15, 2024
Transactions value $: $8,095
Form type: 4
Date filed: 1/2/2025, 03:22 PM
Previous filing: Nov 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	IBCP	Common Stock						810	Nov 15, 2024	By IRA
holding	IBCP	Common Stock						6.21K	Nov 15, 2024	Direct	F1

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	$8.1K	+215	+0.64%	$37.66	33.9K	Nov 15, 2024	Common Stock	215		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 12.33 shares acquired through dividend reinvestment program (DRIP) during the fourth 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.