Kathryn O'Malley - 15 Feb 2024 Form 4 Insider Report for INDEPENDENT BANK CORP (INDB)

Signature
/s/ Maureen A. Gaffney, Power of Attorney for Kathryn O'Malley
Issuer symbol
INDB
Transactions as of
15 Feb 2024
Net transactions value
+$16,454
Form type
4
Filing time
20 Feb 2024, 16:40:24 UTC
Previous filing
19 Dec 2023
Next filing
26 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDB Common Stock Award $16,454 +307 +4.9% $53.60 6,603 15 Feb 2024 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired under the Company's 401(k) Restoration Plan.
F2 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $53.35 through $53.965 per share, inclusive. The Filer undertakes to provide Independent Bank Corp., any security holder of Independent Bank Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
F3 Total Holdings include 311.9302 shares held in the Filer's 401(k) account.
F4 Holdings include 2.6751 shares acquired as a result of participation in the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (12/19/2023), which transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.