Form 4 for IBCP INDEPENDENT BANK CORP /MI/
Accepted 2024-01-30 00:00:00 ET · period of report 2024-01-26 · accession 0000039311-24-000019 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-01-30 | 2024-01-26 | IBCP | RAHN JOEL F | EVP | M - OptEx | — | +2,727 | 20.2K | +16% | — |
| DM | 2024-01-30 | 2024-01-26 | IBCP | RAHN JOEL F | EVP | F - Tax | $25.84 | -1,924 | 19.2K | -9% | -$49.7K |
| D | 2024-01-30 | 2024-01-26 | IBCP | RAHN JOEL F | EVP | M - OptEx | $0.00 | -2,661 | 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 | 2024-01-26 | M | A | 2,727 | — | 20,158.11 | 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. (F2) Includes 353.11 shares acquired through dividend reinvestment program (DRIP) during the second quarter. |
| 2 | Common | Common Stock | 2024-01-26 | F | D | 945 | $25.84 | 18,234.11 | D | — | — | |
| 3 | Common | Common Stock | 2024-01-26 | F | D | 979 | $25.84 | 19,179.11 | D | — | — | |
| 4 | Derivative | Performance Right | 2024-01-26 | M | D | 2,661 | $0.00 | 0 | D | — · — to 2024-01-26 | — 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. |