KEVIN J. JONES - 25 May 2021 Form 4 Insider Report for INDEPENDENT BANK CORP (INDB)

Role
Director
Signature
/s/ Maureen Gaffney, Power of Attorney for Kevin J. Jones
Issuer symbol
INDB
Transactions as of
25 May 2021
Net transactions value
$0
Form type
4
Filing time
27 May 2021, 16:24:43 UTC
Next filing
15 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDB Common Stock Award $0 +640 +1.3% $0.000000 49,932 25 May 2021 Direct F1, F2
holding INDB Common Stock 5,902 25 May 2021 by Living Trust
holding INDB Common Stock 5,902 25 May 2021 by Spouse's Living Trust
holding INDB Common Stock 30,000 25 May 2021 by Sons F3
holding INDB Common Stock 5,000 25 May 2021 by Corporation F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Independent Bank Corp. awarded restricted stock to reporting person per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan in a transaction exempt pursuant to Rule 16b-3(d). Shares immediately vested on the date of grant.
F2 Holdings include 972.9881 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 (8/25/20), which transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
F3 Shares carried under the name of Filers three sons as follows: 10,000 shares held i/n/o Kevin J. Jones & Frances Jones, Trustees, Brian Jones Irrevocable Trust, 10,000 shares held i/n/o Kevin J. Jones & Frances Jones, Trustees, Mark Jones Irrevocable Trust, and 10,000 shares held i/n/o Kevin J. Jones & Frances Jones, Trustees, Sean Jones Irrevocable Trust. The filing of this statement should not be construed as an admission that the undersigned is, for purposes of Section 16 of the Securities Exchange Act, the beneficial owner of such securities.
F4 Shares held i/n/o Corporation. The filing of this statement should not be construed as an admission that the undersigned is, for purposes of Section 16 of the Securities and Exchange Act, the beneficial owner of such securities.