INDEPENDENT BANK CORP 4
4 · INDEPENDENT BANK CORP · Filed Oct 19, 2004
Insider Transaction Report
Form 4
KELLEY FERDINAND T
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2004-10-18$17.72/sh+4,000$70,875→ 12,812.595 total - Exercise of In-Money
Incentive Stock Option (right to buy)
2004-10-18$17.72/sh−4,000$70,875→ 0 totalExercise: $17.72Exp: 2004-12-17→ Common Stock (4,000 underlying)
Holdings
- 119.644
Common Stock
Footnotes (3)
- [F1]Direct holdings also include 39.4242 shares received pursuant to the Company's Dividend Reinvestment Plan since the last Form 4 filing (8/04). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
- [F2]Shares held jt. w/spouse of which 0.0495 shares were received pursuant to the Company's Dividend Reinvestment Plan since the last Form 4 filing (8/04). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
- [F3]Granted under the Independent Bank Corp. 1997 Employee Stock Option Plan (1997 Plan), 3,617 shares pursuant to the Option shall first become exercisable on 6/19/98, 3,617 shares shall first become exercisable on 1/2/99, and the remaining 3,616 shares shall first become exercisable on 1/2/00. The option will expire on 12/17/07 subject to the earlier termination of employment or acceleration of vesting schedule under certain termination of employee circumstances.