Form 4 for IBCP INDEPENDENT BANK CORP /MI/
Accepted 2023-01-23 00:00:00 ET · period of report 2023-01-21 · accession 0000039311-23-000009 · 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 | 2023-01-23 | 2023-01-21 | IBCP | Kessel William B | Pres, CEO, Dir | F - Tax | $23.33 | -5,051 | 129.9K | -4% | -$117.8K |
| D | 2023-01-23 | 2023-01-21 | IBCP | Kessel William B | Pres, CEO, Dir | M - OptEx | — | +5,531 | 135.0K | +4% | — |
| D | 2023-01-23 | 2023-01-21 | IBCP | Kessel William B | Pres, CEO, Dir | M - OptEx | $0.00 | -5,551 | 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 | 2023-01-21 | F | D | 2,681 | $23.33 | 132,306 | D | — | — | |
| 2 | Common | Common Stock | 2023-01-21 | M | A | 5,531 | — | 134,987 | D | — | — | (F1) Each Performance Right (PSU) represents 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 | 2023-01-21 | F | D | 2,370 | $23.33 | 129,936 | D | — | — | |
| 4 | Derivative | Performance Right | 2023-01-21 | M | D | 5,551 | $0.00 | 0 | D | — · — to 2023-01-21 | — Common Stock | (F1) Each Performance Right (PSU) represents 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. |