Gerard F. Nadeau - 15 Feb 2023 Form 4 Insider Report for INDEPENDENT BANK CORP (INDB)

Signature
/s/ Maureen Gaffney, Power of Attorney for Gerard F. Nadeau
Issuer symbol
INDB
Transactions as of
15 Feb 2023
Net transactions value
-$7,973
Form type
4
Filing time
17 Feb 2023, 15:21:01 UTC
Previous filing
16 Mar 2022
Next filing
22 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDB Common Stock Tax liability $7,973 -99 -0.41% $80.54 24,203 15 Feb 2023 Direct
transaction INDB Common Stock Award $0 +2,600 +11% $0.000000 26,803 16 Feb 2023 Direct F1
holding INDB Common Stock 241 15 Feb 2023 by Son F2
holding INDB Common Stock 239 15 Feb 2023 by Daughter F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Independent Bank Corp. awarded Time Vesting Restricted Stock to the Filer.
F2 Shares held in Filer's name f/b/o son. Holdings include 6.3829 shares received pursuant to the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (3/16/22). Such transactions are exempt from the reporting requirements of Section 16 of the Securities Exchange Act of 1934, as amended. The filing of this statement should not be construed as an admission that the Filer is, for purposes of Section 16 of the Exchange Act, the beneficial owner of such securities.
F3 Shares held in Filer's name f/b/o daughter. Holdings include 6.3274 shares received pursuant to the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (3/16/22). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended. The filing of this statement should not be construed as an admission that the Filer is, for purposes of Section 16 of the Exchange Act, the beneficial owner of such securities.