Transaction Details

Footnotes

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. | The Filer previously reported indirect ownership of 191 shares held by an estate of which the Filer served as executor. Of such 191 shares, 95 have been transferred directly to the Filer and 95 have been transferred to an immediate family member of the Filer following the settlement of the estate. The amount of shares beneficially owned has been reduced by one share to reflect rounding in connection with the transfer of the shares from the estate. The filing of this statement should not be construed as an admission that the Filer is, for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, the beneficial owner of such securities. | Shares held in the name of A.W. Perry. The Filer is a member of the board of directors of A.W. Perry. The filing of this statement should not be construed as an admission that the Filer is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of such securities.