Form 4 for IBCP INDEPENDENT BANK CORP /MI/
Accepted 2022-01-25 00:00:00 ET · period of report 2022-01-22 · accession 0000039311-22-000009 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-01-25 | 2022-01-22 | IBCP | Kessel William B | Pres, CEO, Dir | F - Tax | $24.46 | -4,452 | 127.6K | -3% | -$108.9K |
| D | 2022-01-25 | 2022-01-22 | IBCP | Kessel William B | Pres, CEO, Dir | M - OptEx | — | +4,450 | 129.8K | +4% | — |
| D | 2022-01-25 | 2022-01-22 | IBCP | Kessel William B | Pres, CEO, Dir | M - OptEx | $0.00 | -5,335 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-22 | F | D | 2,278 | $24.46 | 125,368 | D | — | — | |
| 2 | Common | Common Stock | 2022-01-22 | M | A | 4,450 | — | 129,820 | D | — | — | (F1) Each Performance Right (PSU) represented a contingent right to receive not more than two (2) shares of Issuer Common Stock, based upon the total shareholder return of Issuer's Common Stock, relative to its peer group index. |
| 3 | Common | Common Stock | 2022-01-22 | F | D | 2,174 | $24.46 | 127,646 | D | — | — | |
| 4 | Derivative | Performance Right | 2022-01-22 | M | D | 5,335 | $0.00 | 0 | D | — · — to 2022-01-22 | — Common Stock | (F1) Each Performance Right (PSU) represented a contingent right to receive not more than two (2) shares of Issuer Common Stock, based upon the total shareholder return of Issuer's Common Stock, relative to its peer group index. |