$ Value
—
Shares
600
Price
—
Filed
Jul 1
Insider
Name
PUTZIGER MICHAEL T
Title
—
CIK
0001034912
Roles
Transaction Details
Transaction Date
2025-07-01
Code
D
Table
Non-Derivative
Ownership
Indirect
Equity Swap
No
Shares After
—
Footnotes
Pursuant to the Agreement and Plan of Merger, dated as of December 8, 2024 (the "Merger Agreement"), by and among Enterprise Bancorp, Inc. ("Enterprise"), Enterprise Bank and Trust Company, Independent Bank Corp. ("Independent") and Rockland Trust Company, each issued and outstanding share of Enterprise common stock was converted into the right to receive (i) $2.00 in cash and (ii) 0.60 shares of Independent common stock (subject to the payment of cash in lieu of fractional shares). | In accordance with the Merger Agreement, all unvested shares of restricted stock automatically vested in full at the Effective Time (as defined in the Merger Agreement) to the extent not previously forfeited, and was considered outstanding shares of Enterprise common entitled to receive the Merger Consideration (as defined in the Merger Agreement).