Filing Details

Accession Number:
0001209191-19-033504
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-05-30 17:44:59
Reporting Period:
2019-05-29
Accepted Time:
2019-05-30 17:44:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
730708 Seacoast Banking Corp Of Florida SBCF State Commercial Banks (6022) 592260678
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1726466 Juliette Kleffel Po Box 9012
Stuart FL 34995
No No No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2019-05-29 4,433 $24.13 4,730 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,059 Direct
Common Stock 827 Direct
Common Stock 339 Direct
Common Stock 635 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Common Stock Right to Buy $31.15 2028-04-02 12,635 12,635 Direct
Common Stock Common Stock Right to Buy $28.69 2027-04-03 18,078 18,078 Direct
Common Stock Common Stock Right to Buy $15.99 2024-03-31 5,253 5,253 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2028-04-02 12,635 12,635 Direct
2027-04-03 18,078 18,078 Direct
2024-03-31 5,253 5,253 Direct
Footnotes
  1. Represents shares of restricted stock units ("RSUs") granted on April 2, 2018. One-third of the shares vest on each of April 3, 2019, 2020 and 2021, provided the recipient remains in continuous service with the Company on each such vesting date.
  2. Represents shares of restricted stock units ("RSUs") granted on April 3, 2017. One-third of the shares vest on each of April 3, 2018, 2019 and 2020, provided the recipient remains in continuous service with the Company on each such vesting date.
  3. Represents an unvested time-based restricted stock award granted on 4/1/2017 under Seacoast's 2013 Long-Term Incentive Plan, which shall vest over 3 years in one-third increments each anniversary of the date of grant beginning on the first anniversary of the date of grant, subject to continued employment
  4. Represents an unvested time-based restricted stock award granted on October 1, 2016, which shall vest over 3 years in one-third increments, beginning on October 1, 2017 and on each anniversary thereafter, subject to continued employment.
  5. Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan.
  6. Vests over 3 years in one-third increments each anniversary of the date of grant beginning on the first anniversary of the date of grant (the date indicated), subject to continuous employment on each vesting date and the Company's banking subsidiary meets certain capital requirements.
  7. Two tiered vesting. First, performance vesting must be met which requires that: 1) the market price of Seacoast common stock increase to 120% or more of the exercise price; and 2) Seacoast's Tier 1 Capital must be equal to or greater than the regulatory standard. Once performance criteria is met, option shall vest in equal installments at the end of each month over the next 48 months, provided that Optionee remains in Continuous Service on each applicable vesting date.