RAHN JOEL F sold IBCP
January 26, 2024 · Form 4 insider transaction
RAHN JOEL F sold 2,661 shares of Independent Bank Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Disposed (sell-side)
Shares
2,661
Price
$0.00
Total value
N/A
InsiderRAHN JOEL F
Role—
SecurityPerformance Right
Transaction codeM: Option exercise
Transaction dateJanuary 26, 2024
Filing dateJanuary 30, 2024
Shares owned after0
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
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.