Independent Bank: Declaration of Change of Beneficial Owner – Form 4








Property Submission

FORM 4

Check this box if you are no longer subject to section 16, the obligations of Form 4 or Form 5 may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN THE EFFECTIVE BENEFICIARIES OF THE SHARES Filed under Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and address of reporting person *

Cozzone Robert D

2. Name of issuer and stock symbol or trading symbol
INDEPENDENT BANK CORPORATION [INDB]

5. Relationship between the reporting person(s) and the issuer
(Check all that apply)

_____ Director

_____ 10% Owner

_____ Officer (indicate title below)

_____ Other (specify below)

CEO /

(Last)

(First)

(Environment)

C/O INDEPENDENT BANK CORP., 288 UNION STREET

3. Date of first transaction (month/day/year)

(Street)

ROCKLAND

MY

02370

4. In case of modification, date of filing of the original (month/day/year)

6. Individual or joint/group filing (check applicable row)
_X_ Form filed by a reporting person
___ Form filed by more than one declarant

Table I – Non-derivative securities acquired, sold or beneficially owned

1. Title of guarantee

2. Transaction date (month/day/year)

2A. Deemed execution date, if applicable (month/day/year)

3. Transaction code

4. Securities acquired (A) or transferred (D)

5. Amount of securities beneficially owned as a result of the reported transaction(s)

6. Form of ownership: direct (D) or indirect (I)

7. Nature of Indirect Beneficial Ownership

Coded

V

Rising

(A) or (D)

Price

Table II – Beneficial ownership derivative securities (for exampleputs, calls, warrants, options, convertible securities)
(for exampleputs, calls, warrants, options, convertible securities)

1. Title of derivative title

2. Conversion or exercise price of the derivative security

3. Transaction date (month/day/year)

3A. Deemed execution date, if applicable (month/day/year)

4. Transaction code

5. Number of derivative securities acquired (A) or sold (D)

6. Exercise date and expiry date

7. Title and amount of the securities underlying the derivative securities

8. Price of derivative securities

9. Number of derivative securities beneficially owned as a result of reported transactions

10. Form of ownership of derivative securities: direct (D) or indirect (I)

11. Nature of Indirect Beneficial Ownership

Coded

V

(A)

(D)

Exercise date

Expiration date

Title

Amount or number of shares

Reporting owners

Name/address of declaring owner Relationships

Director

10% Owner

Officer

Other

Cozzone Robert D
A/S INDEPENDENT BANK CORP.
288 UNION STREET
ROCKLAND, MA02370

CEO

Signatures

/s/ Maureen Gaffney, proxy for Robert D. Cozzone

2022-08-17

**Signature of declaring person

Date

Explanation of answers:

If the form is completed by several declarants, see

Section 5(b)(v).

(**) Intentional misrepresentation or omission of facts are federal criminal offenses. See

18 USC 1001 and 15 USC 78ff(a).

(1)

The sale reported in this Form 4 was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on July 26, 2022.

(2)

The holdings include 237.9065 shares acquired as a result of participation in Independent Bank Corp’s dividend reinvestment and stock purchase plan. 2014 since the last filing of Form 4 (03/14/22), which transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.

(3)

Total holdings include 3,100.5835 shares held in the Filer’s 401(k) account. Note: Submit three copies of this form, one of which must be manually signed. If space is insufficient, See

Instruction 6 for the procedure. Potential individuals who need to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

Disclaimer Independent Bank Corp. published this content on August 16, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, onAug 16, 2022 8:43:01 PM UTC

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Public now 2022

All the news about INDEPENDENT BANK CORP.

Analyst recommendations on INDEPENDENT BANK CORP.

2022 sales
712M
2022 net income
248M
Net debt 2022

PER 2022 ratio
16.5x 2022 return
2.31% Capitalization
4,016 million
4,016 million
capi. / Sales 2022
5.64x capi. / Sales 2023
5.17x # of employees
1,691 Floating

99.0%

Chart INDEPENDENT BANK CORP.









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Trends Technical Analysis INDEPENDENT BANK CORP.
Short term Middle term
Long term Tendencies Bullish Bullish

Neutral


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Sale

To buy Medium consensus
SURPASS Number of analysts
3 Last closing price
$87.50 Average target price
$97.33 Average Spread / Target

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