Sec Form 4 Filing - SEKSAY EDWARD H @ INDEPENDENT BANK CORP - 2012-07-25

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SEKSAY EDWARD H
2. Issuer Name and Ticker or Trading Symbol
INDEPENDENT BANK CORP [ INDB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
General Counsel
(Last) (First) (Middle)
288 UNION STREET
3. Date of Earliest Transaction (MM/DD/YY)
07/25/2012
(Street)
ROCKLAND, MA02370
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/25/2012 S 7,166 D $ 28.9984 ( 1 ) 6,546 D
Common Stock 07/25/2012 M 4,617 A $ 23.47 11,163 D
Common Stock 07/25/2012 M 2,549 A $ 23.47 13,712 D
Common Stock 07/26/2012 M 1,559 A $ 23.47 15,271 D
Common Stock 07/26/2012 S 1,559 D $ 29.5714 ( 2 ) 13,712 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underly ing Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
ISO - Stock Option (Right to Buy) $ 23.47 07/25/2012 M 4,617 01/02/2005( 3 ) 12/19/2012 Common Stock 4,617 $ 23.47 0 D
NQ - Stock Option (Right to Buy) $ 23.47 06/20/2003( 4 ) 12/19/2012 Common Stock 4,108 4,108 D
NQ - Stock Option (Right to Buy) $ 23.47 07/25/2012 M 2,549 06/20/2003( 4 ) 12/19/2012 Common Stock 2,549 $ 23.47 1,559 D
NQ - Stock Option (Right to Buy) $ 23.47 07/26/2012 M 1,559 06/20/2003( 4 ) 12/19/2012 Common Stock 1,559 $ 23.47 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SEKSAY EDWARD H
288 UNION STREET
ROCKLAND, MA02370
General Counsel
Signatures
Jennifer M. Kingston, Power of Attorney 07/27/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.90 to $29.12, inclusive. The reporting person undertakes to provide to the issuer, and security holder of the issuer, 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 this footnote.
( 2 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.37 to $29.67, inclusive. The reporting person undertakes to provide to the issuer, and security holder of the issuer, 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 this footnote.
( 3 )Granted under the Independent Bank Corp. 1997 Employee Stock Option Plan (1997 Plan). 2,909 shares became exercisable on 6/20/03, 2,908 shares became exercisable on 1/2/04, and the remaining 2,908 shares became exercisable on 1/2/05, subject to the earlier termination of employment or acceleration of vesting schedule under certain termination of employee circumstances.
( 4 )Granted under the Independent Bank Corp. 1997 Employee Stock Option Plan (1997 Plan). 2,909 shares became exercisable on 6/20/03, 2,908 shares became exercisable on 1/2/04, and the remaining 2,908 shares became exercisable on 1/2/05, subject to the earlier termination of employment or acceleration of vesting schedule under certain termination of employee circumstances.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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