Filing Details

Accession Number:
0000776901-19-000249
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-04 16:48:53
Reporting Period:
2019-12-02
Accepted Time:
2019-12-04 16:48:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
776901 Independent Bank Corp INDB State Commercial Banks (6022) 042870273
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1429021 M William Parent C/O Independent Bank Corp.
288 Union Street
Rockland MA 02370
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2019-12-02 5,499 $82.89 20,058 No 4 S Direct
Common Stock Disposition 2019-12-02 4,332 $84.36 15,726 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 8,074 Indirect IRA
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.635 to $83.52, inclusive. The reporting person 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 ranges set forth in footnotes (1) and (2) to this Form 4.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.53 to $84.51, inclusive.
  3. This amount reflects a final allocation of 5,669.8541 shares to the reporting person's ESOP account following the consummation of the merger of Blue Hills Bancorp, Inc. with and into Independent Bank Corp. These shares were distributed to the reporting person's IRA upon termination of the ESOP.
  4. The filing of this statement should not be construed as an admission that the undersigned is, for purposes of Section 16 of the Exchange Act, the beneficial owner of such securities.