Filing Details

Accession Number:
0001209191-20-007074
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-02-05 20:50:51
Reporting Period:
2020-02-03
Accepted Time:
2020-02-05 20:50:51
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
1603144 Jr. K Charles Cross Seacoast Banking Corporation Of Florida
P. O. 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 Acquisiton 2020-02-03 2,400 $11.00 38,247 No 4 M Direct
Common Stock Acquisiton 2020-02-03 10,100 $10.54 48,347 No 4 M Direct
Common Stock Disposition 2020-02-03 12,500 $27.52 35,847 No 4 S Direct
Common Stock Acquisiton 2020-02-04 14,565 $10.54 50,412 No 4 M Direct
Common Stock Disposition 2020-02-04 14,565 $27.90 35,847 No 4 S Direct
Common Stock Acquisiton 2020-02-05 335 $10.54 36,182 No 4 M Direct
Common Stock Disposition 2020-02-05 335 $28.00 35,847 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Common Stock Right to Buy Disposition 2020-02-03 2,400 $0.00 2,400 $11.00
Common Stock Common Stock Right to Buy Disposition 2020-02-03 10,100 $0.00 10,100 $10.54
Common Stock Common Stock Right to Buy Disposition 2020-02-04 14,565 $0.00 14,565 $10.54
Common Stock Common Stock Right to Buy Disposition 2020-02-05 335 $0.00 335 $10.54
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,400 2014-06-28 2023-06-28 No 4 M Direct
14,900 2015-04-29 2024-04-29 No 4 M Direct
335 2015-04-29 2024-04-29 No 4 M Direct
0 2015-04-29 2024-04-29 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,044 Direct
Common Stock 5,420 Direct
Common Stock 2,927 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 16,425 16,425 Direct
Common Stock Common Stock Right to Buy $28.69 2027-04-03 24,738 24,738 Direct
Common Stock Common Stock Right to Buy $14.82 2024-02-28 24,561 24,561 Direct
Common Stock Common Stock Right to Buy $12.63 2023-01-29 9,875 9,875 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2028-04-02 16,425 16,425 Direct
2027-04-03 24,738 24,738 Direct
2024-02-28 24,561 24,561 Direct
2023-01-29 9,875 9,875 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.33 to $27.72, inclusive. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price for this transaction.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.76 to $28.11, inclusive. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price for this transaction.
  3. Represents unvested time-based restricted stock award granted on December 30, 2019, which shall vest over 3 years in one-third increments, beginning December 30, 2020, and on each anniversary thereafter, subject to continued employment.
  4. Represents shares of restricted stock units ("RSUs") granted on April 2, 2018. One-third of the shares vest on each of April 2, 2019, 2020 and 2021, provided the recipient remains in continuous service with the Company on each such vesting date.
  5. Represents shares subject to performance-contingent 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.
  6. Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan.
  7. 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.
  8. 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.
  9. Originally had two tiered vesting. Performance criteria was met and time-based vesting began on 12/1/2016. Option vests 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.
  10. Originally had two tiered vesting. Performance criteria was met and time-based vesting began on 7/1/15. Option vests 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.