SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

VAN LOAN CHARLES C

(Last)

(First)

(Middle)

236 E. WASHINGTON ST.

(Street)

IONIA,

48846

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
INDEPENDENT BANK CORP /MI/ [ IBCP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
10/06/2003

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/06/2003		M		19,538	A	$7.168	125,483	D
Common Stock	10/06/2003		F		11,002	D	$28.37	114,481	D
Common Stock	10/06/2003		M		5,484	A	$6.806	119,965	D
Common Stock	10/06/2003		F		3,046	D	$28.37	116,919	D
Common Stock	10/06/2003		M		14,089	A	$10.788	131,008	D
Common Stock	10/06/2003		F		8,984	D	$28.37	122,024	D
Common Stock	10/06/2003		M		5,485	A	$10.989	127,509	D
Common Stock	10/06/2003		F		3,520	D	$28.37	123,989⁽¹⁾⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (Right to buy) 1/00	$7.168	10/06/2003		M			19,538	01/18/2001	01/18/2010	Common Stock	19,538	$7.168	13,953.14	D
Employee Stock Option (Right to buy) 1/01	$10.788	10/06/2003		M			14,089	01/21/2002	01/21/2011	Common Stock	14,089	$10.788	9,268.45	D
Employee Stock Option (Right to buy) 10/03 reload 1	$28.37	10/06/2003		A		11,002		10/03/2004	01/18/2010	Common Stock	11,002	$28.37	11,002	D
Employee Stock Option (Right to buy) 10/03 reload2	$28.37	10/06/2003		A		3,046		10/03/2004	04/20/2010	Common Stock	3,046	$28.37	3,046	D
Employee Stock Option (Right to buy) 10/03 reload3	$28.37	10/06/2003		A		8,984		10/03/2004	01/21/2011	Common Stock	8,984	$28.37	8,984	D
Employee Stock Option (Right to buy) 10/03 reload4	$28.37	10/06/2003		A		3,520		10/03/2004	04/17/2011	Common Stock	3,520	$28.37	3,520	D
Employee Stock Option (Right to buy) 4/00c	$6.806	10/06/2003		M			5,484	04/18/2001	04/18/2010	Common Stock	5,484	$6.806	0	D
Employee Stock Option (Right to buy) 4/01	$10.989	10/06/2003		M			5,485	04/17/2002	04/17/2011	Common Stock	5,485	$10.989	0	D

Explanation of Responses:

1. Totals reflect a 10% stock dividend allocated October 2, 2003

2. The reporting person no longer has a reportable beneficial interest in 2,487 shares of IBCP common stock owned by his daughter and included in the reporting person's prior ownership reports.

	/s/ Charles C. Van Loan	10/06/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.