Dennis W. Archer Jr - Feb 14, 2025 Form 4 Insider Report for INDEPENDENT BANK CORP /MI/ (IBCP)

Role
Director
Signature
s/Darcy J. Benjamin, Attorney-in-Fact
Stock symbol
IBCP
Transactions as of
Feb 14, 2025
Transactions value $
$1,599
Form type
4
Date filed
4/1/2025, 12:26 PM
Previous filing
Jan 2, 2025
SEC
View on sec.gov

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 $1.6K +45 +0.73% $35.57 6.2K Feb 14, 2025 Common Stock 45 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.