Form 4 for IBCP INDEPENDENT BANK CORP /MI/
Accepted 2025-02-21 00:00:00 ET · period of report 2025-02-19 · accession 0000039311-25-000033 · 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 | 2025-02-21 | 2025-02-19 | IBCP | Kessel William B | Pres, CEO, Dir | F - Tax | $34.76 | -3,960 | 150.5K | -3% | -$137.6K |
| D | 2025-02-21 | 2025-02-19 | IBCP | Kessel William B | Pres, CEO, Dir | M - OptEx | — | +9,082 | 154.5K | +6% | — |
| D | 2025-02-21 | 2025-02-19 | IBCP | Kessel William B | Pres, CEO, Dir | M - OptEx | $0.00 | -5,088 | 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 | 2025-02-19 | F | D | 3,960 | $34.76 | 150,526 | D | — | — | |
| 2 | Common | Common Stock | 2025-02-19 | M | A | 9,082 | — | 154,486 | 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 | Derivative | Performance Right | 2025-02-19 | M | D | 5,088 | $0.00 | 0 | D | — · — to 2025-01-25 | — 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. |