| FORM 4 |
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 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
INDEPENDENT BANK CORP [ INDB ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
|
3. Date of Earliest Transaction
(Month/Day/Year) 07/01/2025 | ||||||||||||||||||||||||||
|
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 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 | 07/01/2025 | A | 4,158(1) | A | (2) | 4,158 | D | |||
| Common Stock | 07/01/2025 | A | 938(3) | A | $0 | 5,096 | D | |||
| Common Stock | 07/01/2025 | A | 432,481(4) | A | (2) | 432,481 | I | Trust for Ronald M. Ansin Family Members | ||
| Common Stock | 07/01/2025 | A | 106,738(5) | A | (2) | 106,738 | I | Trust for Ronald M. Ansin Grandchildren | ||
| Common Stock | 07/01/2025 | A | 4,108(6) | A | (2) | 4,108 | I | Trust for Son G. Ansin | ||
| Common Stock | 07/01/2025 | A | 6,029(7) | A | (2) | 6,029 | I | Trust for Son K. Ansin | ||
| Common Stock | 07/01/2025 | A | 90,894(8) | A | (2) | 90,894 | I | Trust | ||
| Common Stock | 07/01/2025 | A | 1,407(9) | A | (2) | 1,407 | I | Held by Wife | ||
|
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 (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (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: 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 | ||||||||
| Explanation of Responses: |
| 1. Shares issued in exchange for approximately 6,930 shares of Enterprise Bancorp, Inc. common stock in connection with the merger of Enterprise Bancorp, Inc. with and into Independent Bank Corp. |
| 2. On the last trading day prior to the effective date of the merger, the closing price of Enterprise Bancorp, Inc. common stock was $39.64 per share, and the closing price of Independent Bank Corp.'s common stock was $62.885 per share. |
| 3. Independent Bank Corp. awarded restricted stock to the Filer per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan in a transaction exempt pursuant to Rule 16b-3(d). Shares immediately vested on the date of grant. |
| 4. Shares issued in exchange for 720,802 shares of Enterprise Bancorp, Inc. common stock in connection with the merger of Enterprise Bancorp, Inc. with and into Independent Bank Corp. |
| 5. Shares issued in exchange for 177,898 shares of Enterprise Bancorp, Inc. common stock in connection with the merger of Enterprise Bancorp, Inc. with and into Independent Bank Corp. |
| 6. Shares issued in exchange for 6,848 shares of Enterprise Bancorp, Inc. common stock in connection with the merger of Enterprise Bancorp, Inc. with and into Independent Bank Corp. |
| 7. Shares issued in exchange for 10,051 shares of Enterprise Bancorp, Inc. common stock in connection with the merger of Enterprise Bancorp, Inc. with and into Independent Bank Corp. |
| 8. Shares issued in exchange for 151,491 shares of Enterprise Bancorp, Inc. common stock in connection with the merger of Enterprise Bancorp, Inc. with and into Independent Bank Corp. |
| 9. Shares issued in exchange for 2,345 shares of Enterprise Bancorp, Inc. common stock in connection with the merger of Enterprise Bancorp, Inc. with and into Independent Bank Corp. |
| Remarks: |
| /s/ Maureen A. Gaffney, Power of Attorney for Kenneth S. Ansin | 07/03/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||