X0303 4 2010-11-23 0 0000776901 INDEPENDENT BANK CORP INDB 0001405590 Nadeau Gerard F 288 UNION STREET ROCKLAND MA 02370 0 1 0 0 Executive Vice President Common Stock 2010-11-23 4 M 0 4675 11.9063 A 25175 D Common Stock 997.936 I by Broker Common Stock 800 I by Broker w Spouse Common Stock 175.175 I by Daughter Common Stock 176.72 I by Son Incentive Stock Option (right to buy) 11.9063 2010-11-23 4 M 0 4675 0 D 2001-06-22 2010-12-20 Common Stock 4675 0 D Incentive Stock Option (right to buy) 20.125 2002-06-21 2011-12-19 Common Stock 4900 4900 D Incentive Stock Option (right to buy) 23.47 2003-06-20 2012-12-19 Common Stock 4375 4375 D Incentive Stock Option (right to buy) 30.14 2004-06-11 2013-12-11 Common Stock 3658 3658 D Incentive Stock Option (right to buy) 34.18 2005-06-09 2014-12-09 Common Stock 793 793 D Non-Qualified Stock Option (right to buy) 28.27 2009-02-14 2018-02-14 Common Stock 15000 15000 D Non-Qualified Stock Option (right to buy) 28.895 2005-12-15 2012-12-14 Common Stock 7500 7500 D Non-Qualified Stock Option (right to buy) 29.375 2008-07-19 2017-07-19 Common Stock 10000 10000 D Non-Qualified Stock Option (right to buy) 30.14 2004-06-11 2013-12-11 Common Stock 192 192 D Non-Qualified Stock Option (right to buy) 32.995 2008-02-15 2017-02-15 Common Stock 5000 5000 D Non-Qualified Stock Option (right to buy) 34.18 2005-06-09 2014-12-09 Common Stock 5707 5707 D shares held in broker name f/b/o Filer. The filing of this statement should not be construed as an admission that the undersigned is, for purposes of Section 16 of the Securites and Exchange Act, the beneficial owner of such securities. The filing of this statement should not be construed as an admission that the undersigned is, for purposes of Section 16 of the Securities and Exchange Act, the beneficial owner of such securities. Granted under the Independent Bank Corp. 1997 Employee Stock Option Plan ("the Plan"). 1,559 shares pursuant to the Option first became exercisable on 6/22/01, 1,559 shares first became exercisable on 1/2/02 and the remaining 1,557 shares first became exercisable on 1/2/03. The Option will expire on 12/20/10 subject to the earlier termination of employment or acceleration of vesting schedule under certain termination of employee circumstances. Granted under the 1997 Plan. 1,634 shares first became exercisable on 6/21/02, 1,633 shares first became exercisable on 1/2/03, and the remaining 1,633 shares first became exercisable on 1/2/04. The Option will expire on 12/19/11, subject to the earlier termination provisions noted above. Granted under the 1997 Plan. 1,459 shares first became exercisable on 6/20/03, 1,458 shares first became exercisable on 1/2/04, and the remaining 1,458 shares first became exercisable on 1/2/05. The Option will expire on 12/19/12, subject to the earlier termination provisions noted above. Granted under the 1997 Plan. 1, 284 shares first became exercisable on 6/11/04, 1,283 shares first became exercisable on 1/2/05 and the remaining 1,283 shares first became exercisable on 1/2/06. The Option will expire on 12/11/13, subject to the earlier termination provisions noted above. Granted under the 1997 Plan on 12/9/04. All options fully vested a/o 12/15/05. The Option will expire on 12/9/14, subject to the earlier termination provisions noted above. Options vest in equal installments of 3,000 shares over a five-year period beginning on February 14, 2009 and thereafter on each successive anniversary date (2/14/10 - 2/14/13). Non-Qualified Stock Options granted under the Independent Bank Corp. 2005 Employee Stock Plan ("2005 Plan"). The Options immediately vested and will expire on 12/14/12, unless earlier terminated in accordance with the Stock Option Agreement. Granted under the Independent Bank Corp. 2005 Employee Stock Plan. The Options vest in equal installments over a five-year period beginning on July 19, 2008 and thereafter on each successive anniversary date (7/19/09-7/19/12). The Options expire on July 19, 2017, unless earlier terminated in accordance with the Stock Option Agreement. Granted under the 2005 Plan. The Options vest in equal installments of 1,000 shares over a five-year term beginning on 2/15/08 and thereafter on each successive anniversary date (2/15/09-2/15/12). The Options expire on 2/15/17, unless earlier terminated in accordance with the Stock Option Agreement. By: Linda M. Campion, Power of Attorney For: Gerard F. Nadeau 2010-11-24