X0202 4 2004-07-16 1 0001027280 FALMOUTH BANCORP INC FCB 0001220092 ALVES JEANNE E 43 ANTLERS SHORE DR. EAST FALMOUTH MA 02536 0 1 0 0 Secretary Common stock, par value, $.01 per share 2004-07-16 4 D 0 2753 0 D 0 I See Note (2). Common stock, par value, $.01 per share 2004-07-16 4 D 0 1000 0 D 0 D Common stock, par value, $.01 per share 2004-07-16 4 D 0 600 0 D 0 I IRA-Spouse Common stock, par value, $.01 per share 2004-07-16 4 D 0 632 0 D 0 D Stock Options-Right to Buy 13.375 2004-07-16 4 D 0 900 0 D 2004-06-07 2007-04-15 Common Stock 900 0 D Stock Options-Right to Buy 22 2004-07-16 4 D 0 700 0 D 2004-06-07 2012-03-19 Common Stock 700 0 D Pursuant to the merger among Independent Bank Corp. ("Independent"), INDB Sub, Inc. and Falmouth Bancorp, Inc. (the "Issuer"), each share of the Issuer's common stock was converted into the right to receive either $38.00 in cash or 1.28 shares of Independent common stock, plus cash in lieu of any fractional share interest, subject to the allocation and proration provisions of the Amended and Restated Agreement and Plan of Merger, dated April 26, 2004. Reflects the total number of shares allocated to the reporting person's account under the Falmouth Bancorp, Inc. Employee Stock Option Plan ("ESOP") as of September 30, 2003. Pursuant to Rule 16a3(f)(l)(i)(B), this nondiscretionary transaction occurring under the ESOP, a tax qualified plan, is exempt from the reporting requirements of Section 16(a) of the Securities Exchange Act, as amended. Joint with spouse. The reporting person disclaims beneficial ownership of these shares. Reflects stock options granted to the reporting person under the 1997 Stock Option Plan for Outside Directors, Officers and Employees of Falmouth Bancorp, Inc. All options vested as of June 7, 2004 pursuant to the accelerated vesting provisions of the option agreement for changes in control. The options were cancelled in connection with the merger among Independent Bank Corp., INDB Sub, Inc. and Falmouth Bancorp, Inc. in exchange for a cash payment of $38.00 per share. Santo P. Pasqualucci for Jeanne E. Alves, by power of attorney 2004-07-16