Joan A. Budden - 15 Nov 2024 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
15 Nov 2024
Net transactions value
+$8,095
Form type
4
Filing time
02 Jan 2025, 15:22:01 UTC
Previous filing
04 Nov 2024
Next filing
05 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding IBCP Common Stock 810 15 Nov 2024 By IRA
holding IBCP Common Stock 6,212 15 Nov 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 $8,095 +215 +0.64% $37.66 33,946 15 Nov 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.