Sec Form 4 Filing - Nadeau Gerard F @ INDEPENDENT BANK CORP - 2021-01-29

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
Nadeau Gerard F
2. Issuer Name and Ticker or Trading Symbol
INDEPENDENT BANK CORP [ INDB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President
(Last) (First) (Middle)
C/O INDEPENDENT BANK CORP., 288 UNION STREET
3. Date of Earliest Transaction (MM/DD/YY)
01/29/2021
(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 01/29/2021 M 6,500 A $ 27.425 25,761 D
Common Stock 01/29/2021 F 3,411 D $ 76.9675 22,350 D
Common Stock 228.797 I by Son ( 1 )
Common Stock 226.7975 I by Daughter ( 2 )
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 Underlying 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
NQ Stock Option (Right to Buy) $ 27.425 01/29/2021 M 6,500 02/17/2011( 3 ) 02/17/2021 Common Stock 6,500 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Nadeau Gerard F
C/O INDEPENDENT BANK CORP.
288 UNION STREET
ROCKLAND, MA02370
X President
Signatures
/s/ Maureen Gaffney, Power of Attorney for Gerard F. Nadeau 02/01/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares held in Filer's name f/b/o son. Holdings include 6.4835 shares received pursuant to the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (3/5/2020). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"). The filing of this statement should not be construed as an admission that the undersigned is, for purposes of the Exchange Act, the beneficial owner of such securities.
( 2 )Shares held in Filer's name f/b/o daughter. Holdings include 6.4267 shares received pursuant to the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (3/5/2020). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"). The filing of this statement should not be construed as an admission that the undersigned is, for purposes of the Exchange Act, the beneficial owner of such securities.
( 3 )Granted from the Independent Bank Corp. 2005 Employee Stock Plan. 2,167 options became vested and fully exercisable on February 17, 2012; 2,167 options became vested and fully exercisable on February 17, 2013; and 2,166 options became vested and fully exercisable on February 17, 2014.

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