SECURITIES AND EXCHANGE COMMISSION
FORM 8-K
Current Report Pursuant to Section 13 or 15 (d) of
The Securities and Exchange Act of 1934
DATE OF REPORT:
MASSACHUSETTS
(State or Other Jurisdiction of Incorporation)
| 1-9047 | 04-2870273 | |
| (Commission File Number) | (I.R.S. Employer Identification No.) |
INDEPENDENT BANK CORP.
02370
(Zip Code)
NOT APPLICABLE
(Former Address of Principal Executive Offices)
(Zip Code)
781-878-6100
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT | ||||||||
| ITEM 8.01 OTHER EVENTS | ||||||||
| SIGNATURE | ||||||||
| Ex-99.1 Independent Bank Corp. Stock Option Agreement | ||||||||
| Ex-99.2 Independent Bank Corp. Stock Option Agreement | ||||||||
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On December 9, 2004 Independent Bank Corp. (the “Company”) awarded options to acquire shares of the Company’s Common Stock pursuant to the Independent Bank Corp. 1997 Employee Stock Option Plan (the “Plan”), at a strike price of $34.18, to the Executive Officers of the Company and/or the Company’s wholly-owned subsidiary Rockland Trust Company (“Rockland Trust”), as follows:
| Executive Officer |
Position |
# Shares Subject To Option |
||||
Christopher Oddleifson
|
President and Chief Executive Officer of the Company and of Rockland Trust | 31,000 | ||||
Raymond G. Fuerschbach
|
Senior Vice President, Human Resources, of Rockland Trust | 7,500 | ||||
Amy A. Geogan
|
Managing Director (Business Banking) of Rockland Trust | 10,000 | ||||
Edward F. Jankowski
|
Chief Technology and Operations Officer of Rockland Trust | 7,500 | ||||
Ferdinand T. Kelley
|
Executive Vice President (Commercial Lending Division and Investment Management Group) of Rockland Trust | 12,000 | ||||
Jane L. Lundquist
|
Executive Vice President (Director of Retail Banking and Corporate Marketing) of Rockland Trust | 12,000 | ||||
Anthony A. Paciulli
|
Managing Director (Residential Mortgage) of Rockland Trust | 10,000 | ||||
Edward H. Seksay
|
General Counsel of the Company and of Rockland Trust | 7,500 | ||||
Denis K. Sheahan
|
Chief Financial Officer of the Company and of Rockland Trust | 12,000 | ||||
The Plan is incorporated by reference to the Company’s Definitive Proxy Statement for the 1997 Annual Meeting of Stockholders which was filed with Securities Exchange Commission on March 20, 1997.
The form of Option Agreement that will be used for Mr. Oddleifson, Mr. Fuerschbach, Ms. Lundquist, Mr. Jankowski, Mr. Kelley, Mr. Seksay, and Mr. Sheahan is attached hereto as Exhibit 99.1.
The form of Option Agreement that will be used for Ms. Geogan and Mr. Paciulli is attached hereto as Exhibit 99.2
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned and hereunto duly authorized.
INDEPENDENT BANK CORP.
| DATE: December 15, 2004 | BY:/s/ Edward H. Seksay | |||
| EDWARD H. SEKSAY | ||||
| GENERAL COUNSEL | ||||